WASHINGTON, Aug. 31, 2017 /PRNewswire/ -- Existing-home sales and contract signings both stumbled in July as stubbornly low levels hampered the housing market and kept home prices rising at a robust pace.
Visit https://www.nar.realtor/videos/housing-minute to watch a 53-second, animated video from the National Association of Realtors® summarizing how the housing market performed in July, as well as a regional breakdown of median single-family home prices both regionally and in the top five most expensive markets during the second quarter of 2017.
The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing more than 1.2 million members involved in all aspects of the residential and commercial real estate industries.
Information about NAR is available at www.nar.realtor. This and other news releases are posted in the "News, Blogs and Videos" tab on the website.
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SOURCE National Association of Realtors