July pending home sales jump over 15 pct.

[tsptalk]

July pending home sales jump over 15% annually, as properties go under contract in record time

https://www.cnbc.com/2020/08/27/july-pending-home-sales-jump-over-15percent-annually.html

 

[Bullitt]

So many "millionaires" being created from this. All leverage.

For the first time in history last month, the median property price of existing homes in the U.S. surpassed $300,000, powered by relentless demand and surging home sales, according to a report Friday from the National Association of Realtors [NAR].


The median existing-home price for all housing types reached $304,100 in July, up 8.5% from the same time last year when it stood at $280,400, the report said.

https://www.mansionglobal.com/artic...-s-surpasses-300000-for-the-first-time-218663