June Home Sales Dip 5 Percent, New Contracts Rise 5 Percent, Housing Supply Still Lean as Slower Summer Months Approach,|
Lenders Offer New Products for Interest Rate Locks
Reports the Northern Virginia Association of Realtors®
Fairfax - Even though the housing market nationally has leveled off, Northern Virginia buyers successfully closed on 2,581 homes in June. These sales amount to a modest decrease of 5 percent compared to the 2,718 homes sold one year ago. This is no cause for concern when looking at the big picture of Northern Virginia home sales trends this year.
"The slight decline in this past month's home sales reflects that summertime is upon us, people are busy with plans, and clients