Sales of existing homes has skyrocketed in July and rose 24.7 percent across the country from June to July and 8.7 percent since July 2019. The national median sales price of existing homes has also risen - it is up 8.5 percent from July 2019 at $304,100. This is the first time ever that the national median sales price of existing homes has surpassed $300,000.

Read More