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Housing Data: Some Highs, Some Lows, All Good
Thursday, August 27, 2015
RealtyTrac's July U.S. Home Sales report is a tale of extremes.
July sales of properties in foreclosure and all-cash transactions both dipped
to multi-year lows while home sales for the first six month of 2015 and July home
prices hit seven and eight year highs.
There were 1.34 million single family
homes and condos sold in the first six months of the year. This was the highest number of sales in the
first half of any year since 2007.
The median price of a home sold in July
was $189,500 a 2 percent increase both from June and from July 2014. It was the highest median price since September
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