In the middle of the summer when housing activity normally reaches its peak time, both home sales and prices are heading up, according to the July 2016 RE/MAX National Housing Report.
Strong homebuyer demand resulted in a 9.4 percent increase in home sales from May to June as well as a 0.7 percent increase from June 2015 to June 2016, according to RE/MAX. The median sales price of homes rose by 2.2 percent over-the-year in June up to $229,900.
Read Full Article [Source: DSNews.com]