Aug 18, 2025
Home sales continued their recovery in July, up roughly 4% versus June and 11% from March’s low point after four straight monthly increases…
… but still below long-term averages - with overall sales activity struggling since the pandemic.
While positive, higher sales will need to chew through existing inventory before having a material impact on prices…
… which remain under pressure…
… as the gap between new listings and sales activity highlights the persistent market imbalance in recent years.
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