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A new report from Zillow shows home sales up 7% in July–the strongest annual gain seen so far this year–but a closer look at the data reveals newly pending listings are up just 0.3% year-over-year, suggesting that the summer sales bump won’t last. According to Zillow, July’s headline sales figure reflects contracts signed weeks earlier,…

The post Report Shows Notable Rise in Home Sales in July but Pace Expected to Slow appeared first on RISMedia.

A new report from Zillow shows home sales up 7% in July–the strongest annual gain seen so far this year–but a closer look at the data reveals newly pending listings are up just 0.3% year-over-year, suggesting that the summer sales bump won’t last. According to Zillow, July’s headline sales figure reflects contracts signed weeks earlier,…

The post New Report Shows Notable Rise in Home Sales in July but Expected to Slow appeared first on RISMedia.