May 3, 2024 6:19 am
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Up, down, sideways? Making sense of the latest home sales data

home sales

home salesBy Jonathan Smoke | realtor.com

Each month we are treated to multiple reports on homes sales. Unless you happen to be a housing economist (ahem), the latest roundup of reports, covering June, might have left you seriously confused. Existing-home sales are up! New-home sales are down! Pending home sales are down—but also up! Got whiplash?

OK, it’s time to cut through the clutter and the hype. Let’s dive into the three biggest recent reports to see what they’re really telling us—and which ones really offer the insights you need to know about what’s happening in the housing market right now.

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