US – Residential home sales up 20% from last year

During the 30-day sales period ending July 5, approximately 211,000 homes were sold in 98 of the top 100 metropolitan statistical areas, research firmDataQuick said.  Sales overall rose 12% from the same period a year earlier and 10.6% from 2009 levels.

Home prices also went up with the median price hitting $193,000 on July 5, up 6% from a year ago and 4.3% from three years ago.  In a little over a month, the median sales price rose from $186,000 to $193,000.

Source:  Housing Wire

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