03-06-2018 19:05 via rismedia.com

Realtor.com: Early Signs of a Slowdown

Home prices and sales are at their speediest yet, but there are indicators of tempering, according to data from realtor.com®.
In May, listings were at a median $297,000, which is 2 percent higher than in April and 8 percent higher than in May 2017. Annual growth, however, lost steam; in February, home prices were up 10 percent year-over-year.
The average home sold in 55 days—a record—and there were 6 percent less listings than there were a year ago, for a total of 1.44 million.
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