Home Sales Accelerate During The Dog Days Of Summer INFOGRAPHIC

Dated: 07/29/2016

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Home Sales Accelerate During The “Dog Days of Summer” [INFOGRAPHIC] |MyKCM

Some Highlights:

  • Existing home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million.

  • Inventory of homes for sale remains below the historically normal 6-month mark at a 4.6-month supply, down 5.8% year-over-year.

  • Median home sales prices rose to $247,700, 4.8% higher than a year ago and replaced the previous peak in May of $238,900.

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John Faber

John Faber has lived in West Michigan his entire life and with strong family ties in the area, he takes his clients' needs to heart and treats them like family when helping them buy or sell a home. J....

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