Hottest Summer for Housing in 10 Years

Confirming a record-breaking summer, the residential real estate market has kept the temperature up with the hottest July in a decade, according to new data on inventory and demand on realtor.com®.  Homes for sale in July are moving two percent more quickly than last year as prices continue to hit new record highs.
“The best spring in a decade has transitioned into the decade’s hottest summer,” says Jonathan Smoke, chief economist of realtor.com. “Pent-