High Prices Keep Activity Sizzling Through Summer

High prices are keeping home sales activity sizzling through summer, with listings moving 6 percent faster year-over-year in July, according to the latest data preview from realtor.com®. Prices in July are 10 percent higher than those one year ago, with the national median at $275,000 and the national median age of inventory at 64 days. There are 11 percent less homes on the market year-over-year.
“In the middle of the summer we normally see the housing market begin to slow down and pr