August 21, 2020

Home sales soared in July

 CNBC

  • Sales of existing homes soared 24.7% in July from June, according to the National Association of Realtors.
  • The supply of existing homes plummeted 21.1% annually, with just 1.5 million homes for sale at the end of July.
  • The median price of a home sold in July rose 8.5% annually to $304,100.

 

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