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【World Property Journal】U.S. Home Sales Uptick in July

【World Property Journal】U.S. Home Sales Uptick in July

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According to the National Association of Realtors, existing-home sales in the U.S. strengthened in July 2019, a positive reversal after total sales were down slightly in the previous month. Although Northeast transactions declined, the other three major U.S. regions recorded sales increases, including vast growth in the West last month.

Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 2.5% from June to a seasonally adjusted annual rate of 5.42 million in July. Overall sales are up 0.6% from a year ago (5.39 million in July 2018).

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