Housing Market Update: Homebuying Conditions Improve Slightly as Mortgage Rates Decline
The five-month streak of record-setting home prices has ended; supply is inching up. At $362,750, the median home sale price did not set a new record high for the first time since early March. Instead it was flat (-0.2%) from the four-week period ending July 25 and up 18% from a year earlier. Trends for