Key metrics point to strong start to July housing market
Homes under contract, closings, new listings and median prices posted gains in the first week of July, pointing to a housing market which is showing signs of a definite rebound.
Contracts soared 48 percent for the first week of July when compared to 2019 numbers. According to data provided by MRED, there were 4,327 contracts for the week of June 30-July 6, compared to just 2,922 the previous year.
Other findings: