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Existing Home Inventory UP Year-Over-Year For The First Time in 3 Years

Jeannette Thompson

Published 3 weeks ago

The National Association of Realtors (NAR) reported that June saw the 5th consecutive monthly decline in Existing Home Sales today. The annual pace of salescame in at 5.12 million, well short of the consensus(5.38m) and 5.4% lower than May's 5.41m reading.

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National Rate Averages

Conf. 30Y Fixed

5.37%
-0.05

FHA 30Y Fixed

5.307%
-0.026

Jumbo 30Y Fixed

5.136%
-0.027

Rate averages are calculated from actual locked rates. Learn more.

Additonal Resources

What Does the Rest of the Year Hold for Home Prices?

Published 4 days ago

Is the Shifting Market a Challenge or an Opportunity for Homebuyers?

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3 Graphs To Show This Isn’t a Housing Bubble

Published 1 week ago

Want To Buy a Home? Now May Be the Time.

Published 2 weeks ago

A Window of Opportunity for Homebuyers

Published 2 weeks ago

What’s Causing Ongoing Home Price Appreciation?

Published 2 weeks ago

Home Loans, LLC

Company NMLS# 1850117

202 Main Street
Frisco, CO 80443
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Notice that the Gongloff Group has a business relationship with Home Loans, LLC. The owners of both companies own 100% of ownership interest in each business. Because of this relationship, this referral may provide the Gongloff Group a financial or other benefit. You are NOT required to use the listed provider(s) as a condition for settlement of your loan or purchase, sale, or refinance of the subject property.

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