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Home Sales Accelerate During the "Dog Days of Summer"

Friday, July 29, 2016   /   by Dan Malloy

Home Sales Accelerate During the "Dog Days of Summer"


Home Sales Accelerate During The “Dog Days of Summer” [INFOGRAPHIC] |MyKCM



Some Highlights:



  • Existing home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million.

  • Inventory of homes for sale remains below the historically normal 6-month mark at a 4.6-month supply, down 5.8% year-over-year.

  • Median home sales prices rose to $247,700, 4.8% higher than a year ago and replaced the previous peak in May of $238,900.


Malloy Home Team at Premier Brokers International
9123 N. Military Trail, Suite 104
Palm Beach Gardens, FL 33410
561-876-8135
561-370-5736

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