+2.0%
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Existing-home sales increased by 2.0% in July. Month-over-month sales increased in the Northeast, South, and West, and fell in the Midwest. Year-over-year, sales rose in the South, Northeast, and Midwest, and fell in the West.
According to NAR Chief Economist Lawrence Yun, "The ever-so-slight improvement in housing affordability is inching up home sales. Wage growth is now comfortably outpacing home price growth, and buyers have more choices."
- Read the full news release.
- See the summary of Existing Home Sales Statisticspdf (PDF: 232 KB)
- View supplemental market datapdf (PDF: 119 KB)