August Home Sales Forecast: Steady into Autumn

August Home Sales Forecast: Steady into Autumn – Zillow expects existing home sales to rise 2.25 percent in August from July, to 5.51 million units at a seasonally adjusted annual rate (SAAR), roughly reversing last month’s surprisingly large decline. New home sales should fall 0.9 percent to 648,000 units (SAAR), up 28.4 percent over the year and holding near their highest levels since fall 2007. The median price of existing homes sold is expected to rise 1.4 percent, … http://ow.ly/m7mC504GExt

About BillGrossC21

Licensed California Real Estate Broker and Productivity Coaching
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