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Inventory Drops Again, Sales Slow
August 10, 2017
Inventory Drops Again, Sales Slow
![20170728 EHS June Infographic](https://d8yi0qr1xsq5x.cloudfront.net/2017/07/27114906/20170728-June-EHS-STM1-1046x1354.jpg)
Highlights:
- Existing Home Sales are now at an annual pace of 5.52 million.
- Inventory of existing homes for sale dropped to a 4.3-month supply, marking the 25th month in a row of declines.
- The median price of homes sold in June was $263,800. This is the 64thconsecutive month of year-over-year price gains.