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June Existing Home Sales

  • Writer: Admin
    Admin
  • Aug 5, 2019
  • 1 min read

Highlights:

Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.

Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.

Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88th consecutive month with year-over-year price gains.



 
 
 

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