Shift From Condos To Houses And From Big Cities To Suburbs? New House Sales Rose 6.9% From June Last Year To Highest Level Since July 2007

Shift From Condos To Houses And From Big Cities To Suburbs? New House Sales Rose 6.9% From June Last Year To Highest Level Since July 2007

The National Association of Realtors reported two days ago that existing condo sales in June (based on closed sales), while it also bounced off the lockdown lows, remained down 23% from June last year, with supply a hefty 5.3 months.

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