July Home Sales Soared

From June to July, home sales soared 24.7%. That’s the biggest monthly gain since we started tracking the numbers in 1968!

Perhaps the most encouraging sign is that Millennials are highly represented in this new wave of home-buying. Many Millennials are leaving cities and purchasing their first homes in suburban neighborhoods.

Experts are pointing to the normalization of remote work as another reason people are leaving urban centers.

Hopefully this is a sign of more good things to come!