Existing home sales rose in June, along with home prices
The spring home-buying season appears to have gotten a late start. After four months of declines, sales of existing homes rose 1.4% from May to June, according to the National Association of Realtors (NAR).
Home sales were up nearly 23% when compared to June 2020, but that number loses a lot of meaning when you consider that real estate activity slowed considerably in the early weeks of the pandemic.
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