Monday, July 29, 2024

Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of $426,900

Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of $426,900: Homes are sitting on the market a bit longer, and sellers are receiving fewer offers as a slow shift occurs from a seller’s market to a buyer’s market.

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The Housing Market Is Turning a Corner Going into 2026

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