Home sales went up in July, offering momentum to a struggling market
Summary
Home sales increased by 2% in July compared to the month before. This rise gives a boost to the housing market, which has been having difficulties.Key Facts
- Home sales increased by 2% in July.
- The increase is compared to the previous month.
- The housing market has been struggling recently.
- Daryl Fairweather is the chief economist for Redfin.
- Geoff Bennett talked about the data with Daryl Fairweather.