RE/MAX NATIONAL HOUSING REPORT FOR JUNE 2024
RMAXRE/MAX(RMAX) Prnewswire·2024-07-17 20:36

Inventory Continues to Increase Amid Modest Median Price Growth and Home Sales Decline DENVER, July 17, 2024 /PRNewswire/ -- June home sales declined 7.2% from May's strong showing and were down 11.6% year over year – atypical considering June historically has more sales than May. Across the 50 metro areas surveyed, inventory rose 6.7% from May and was up 38.1% over June 2023 – similar to May's year-over-year increase of 39.6%. That equated to 2.1 Months Supply of Inventory compared to last June's 1.4 month ...