Record-low inventory and rebounding buyer demand buoyed U.S. homesellers’ profit margins for the first time in a year, according to a quarterly market report published Thursday by real estate data firm Attom. Profit margins for median-priced single-family home and condo sales increased 3.8 percentage points from 43.8 percent in the first quarter to 47.7 percent in the second quarter.
Source: Inman News
Homeseller profits increase 1st time since Q2 2022: Attom
Published in Attom, homesellers, institutional investment, inventory, Markets & Economy, median home prices, Select and seller profits
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