• Existing-home sales rose 2% on a seasonally adjusted annual rate from June to July, with no sales declines showing in any regions.
  • The inventory of unsold homes increased 7.3% to 1.32 million from June to July – equivalent to 2.6 months of the monthly sales pace.
  • The median existing-home sales price rose at a year-over-year pace of 17.8%.

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