Existing Home Sales Surge Over 20%!

Posted: July 25, 2020 | Source: www.cnbc.com

With record-low-interest rates and several months of inactivity due to the coronavirus, U.S. existing home sales surged almost 21 percent in June – the largest monthly gain since at least the 1960s. With more buyers and fewer homes on the market, prices are likely to see large increases over the next several years.