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In today's video on Economic insights, Danielle Hale talks about existing home sales and where the housing market is in 2018. Existing home sales play an important role in housing prices, because if there are a lot of homes on the market then demand is not very high, which lowers property values to get a sale quickly. Danielle will talk about the US market as a whole and where we currently are. Welcome to our new series on economic insights with realtor.com's chief economist Daniele Hale. In this series, we will talk about how factors in the economy can impact the housing market. From the job report, case schiller, new construction, sold homes, rent vs buy all the way to GDP. Every one of these topics can impact your home's value and Danielle Hale will help you understand them in a way that will allow you to make informed decisions. See more at https://www.realtor.com/research ********* Find your home on https://www.realtor.com ********* Download our mobile app: https://www.realtor.com/mobile ********* Follow us on: Facebook: / realtor.com Twitter: / realtordotcom Instagram: / realtordotcom Pinterest: / realtordotcom ~-~~-~~~-~~-~ Learn More about the home buying process: "Home Buying 101: How Do I Get Started?" • How to Buy a Home: How Do I Get Started bu... ~-~~-~~~-~~-~ #realtor #realestate