The median home sale price ticked up to $399,633 as pending sales saw a 3.5 percent drop annually. Still, mortgage applications, home touring and Google searches for “homes for sale” increased, in a positive sign for sellers.
Source: Inman News
Median US home price hits new record as pending sales drop
Published in Agent, Analysis, boston, Data, home prices, home sale price, housing inventory, housing market, inman, inventory, James Gulden, Lillian Dickerson, Markets & Economy, median asking price, median sales price, mortgage applications, mortgage rates, News Brief, pending sales, real estate market, Redfin and Select
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