Inventory Drops Again, Sales Slow

    Highlights:

    • Existing Home Sales are now at an annual pace of 5.52 million.
    • Inventory of existing homes for sale dropped to a 4.3-month supply, marking the 25th month in a row of declines.
    • The median price of homes sold in June was $263,800. This is the 64th consecutive month of year-over-year price gains.

    Trackback from your site.

    Danny Cheung

    I spent over twenty five (25) years with the Department of Defense in the hardware/software design and development as well as program management prior to joining the Group in a full time capacity. I am thrilled to put my years of experience as an Electronics Engineer to assist and lead our Real Estate Group to the next level. I am committed to establishing the tools and resources necessary for our team members to work more seamlessly and effectively thus ensuring our clients full satisfaction. My wife and I have two daughters and a dog (he's more like our son). I enjoy travelling and watching sports especially football…Go Skins!

    Leave a Reply