Home Sales Fall in June as Listings Dwindle
Getty ImagesThe numbers: A persistent lack of homes for sale combined with strong home-buying demand pushed home prices up in June to the highest level in a year.The total number of homes for sale in June fell by 13.6% from last June, to 1.08 million units. Housing inventory, particularly of single-
Fla.’s June Housing: Prices Stabilize, Inventory Up
Florida Realtors: YOY single-family home median price flat at $420K, supply at 2.8 months. YOY condo median price also remains the same at $325K, supply at 3.6 months.
Mortgage Rates Drop After Positive Inflation News
The average rate for a 30-year, fixed-rate mortgage fell to 6.78% this week – down from last week’s 6.96% and the lowest rate in about a month.
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