- Avil Soleiman
Home Sales Accelerate During The “Dog Days of Summer” [INFOGRAPHIC]
![Home Sales Accelerate During The “Dog Days of Summer” [INFOGRAPHIC] | Simplifying The Market](https://static.wixstatic.com/media/a54a47_b674a9d1741e4edbaf486add1058a888~mv2.jpg/v1/fill/w_1000,h_1294,al_c,q_90,usm_0.66_1.00_0.01/a54a47_b674a9d1741e4edbaf486add1058a888~mv2.jpg)
Some Highlights:
Existing home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million.
Inventory of homes for sale remains below the historically normal 6-month mark at a 4.6-month supply, down 5.8% year-over-year.
Median home sales prices rose to $247,700, 4.8% higher than a year ago and replaced the previous peak in May of $238,900.
0 views0 comments