Advertisement

Existing Home Sales in June Were Up 23% From Last Year

Buyers in today's real estate market have been struggling with a lack of housing inventory. In June, total housing inventory rose slightly to 1.25 million units and a 2.6-month supply, a modest uptick from May's 2.5-month supply, according to the National Association of Realtors. From an inventory and pricing perspective, now's actually a pretty bad time to purchase a home.