WASHINGTON, July 31, 2017 /PRNewswire/ -- Homes continued to sell quickly in June, but the lean inventory levels in many markets caused existing-home sales to shift downward. The news was better for pending home sales, as contract activity increased last month for the first time since February.
Visit https://www.nar.realtor/videos/housing-minute to watch a 50-second, animated video from the National Association of Realtors® summarizing how the housing market performed in June, as well as some of the key findings from this month's release of the 2017 Profile of International Activity in U.S. Residential Real Estate.
The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing more than 1.2 million members involved in all aspects of the residential and commercial real estate industries.
Information about NAR is available at www.nar.realtor. This and other news releases are posted in the "News, Blogs and Videos" tab on the website.
SOURCE National Association of Realtors
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