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REAL ESTATE UPDATES
Here's the latest news and headlines on property investments, housing, mortgages, refinancing, and real estate markets.
June 2022 brought 5.12 million in sales, a median sales price of $416,000, and 3.0 months of inventory. The median sales price is up 13.4% year-over-year, and inventory was up 0.5 months from June 2021.
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"Home sellers in many markets across the country continue to benefit from rising home prices and fast-selling homes. That’s prompted a growing number of homeowners to sell homes this year compared to last, giving home shoppers much needed options. "
- Danielle Hale, Chief Economist
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