July’s home sales ends a nine-month climb of annual inventory growth

July’s home sales ends a nine-month climb of annual inventory growth
In July, home sales grew 2.4%, effectively ending a nine month climb of year-over-year inventory growth, according to the RE/MAX National Housing Report. RE/MAX said the number of homes for sale fell 1.4% from 2018’s level and 0.2% from the previous month. RE/MAX CEO Adam Contos said July sales snapped back after a tepid June as attractive low interest rates brought more buyers into the mix.
Source: https://www.housingwire.com/rss