First American: Existing-home sales outperform the market's potential in August

First American | September 23, 2019

First American: Existing-home sales outperform the market's potential in August
In August, potential existing-home sales increased from the previous month, exceeding the market’s potential, according to First American’s Potential Home Sales Model. The housing market exceeded its potential in August 2019, as actual existing-home sales were 0.8% above the market’s potential, First American Chief Economist Mark Fleming said. Housing market potential increased relative to last month but declined 1.9% compared with August of last year.

Spotlight

Tycoon Global Real Estate Investment Platform (hereafter referred to as Tycoon Global) is a decentralized real estate investment, trading, and management platform, which is based on Ethereum.  Through a decentralized blockchain platform, Tycoon Global directly connects international investors with global real estate assets. With Australian residential development and commercial real estate management as its primary focus, Tycoon Global builds a new real estate ecosystem including investment, development, construction, project management, property management and transactions based on transparency, openness, and trust.

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Spotlight

Tycoon Global Real Estate Investment Platform (hereafter referred to as Tycoon Global) is a decentralized real estate investment, trading, and management platform, which is based on Ethereum.  Through a decentralized blockchain platform, Tycoon Global directly connects international investors with global real estate assets. With Australian residential development and commercial real estate management as its primary focus, Tycoon Global builds a new real estate ecosystem including investment, development, construction, project management, property management and transactions based on transparency, openness, and trust.