AgentIndustry News

Housing market still jumping through July

Realtor.com’s early analysis of last month's sales shows business is booming

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Are you set up for success in 2016? Join 2,500 real estate industry leaders Aug. 4-7, 2015, at Inman Connect in San Francisco. Get Connected with the people and ideas that will inspire you and take your business to new heights. Register today and save $100 with code Readers. Takeaways: The national median list price in July 2015 is up 7 percent year over year and 1 percent over the previous month. Median days on market increased to 69 days, down 7 percent year over year, but up 5 percent month over month. California is home to a majority of the top 20 hottest cities, with 11 major metropolitan areas reporting tight supply and economic-powered growth in demand. With the end of summer approaching and many families preparing to send their children back to school, the busy summer selling season usually starts to taper off -- but demand is still strong, according to realtor.com’s “Advance Read of July Trends.” The early glimpse into how the housing market fared i...