Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing
Existing Home Sales are now at an annual pace of 5.52 million.
Inventory of existing homes for sale dropped to a 4.3-month supply, marking the 25th month in a row of declines.
The median price of homes sold in June was $263,800. This is the 64th consecutive month of year-over-year price gains.
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