New June Home Listings Rise in Northern Virginia; Brisk Home Sales Push Prices Upward
Posted by Abuzar Waleed on"For the first time since February, new listings of homes in Northern Virginia were in positive territory," says Nicholas Lagos, 2020 president of the Northern Virginia Association of Realtors® (NVAR) and associate broker with Century 21 New Millennium in Arlington. "Last month, there were 21% more new listings on the market in the NVAR region than we saw in May," Lagos says, "and new listings were also 1.5% above the number we saw in June last year." Weekly new listings showed steady upward movement for most of June, according to real-time data published by the George Mason University Center for Regional Analysis (GMU-CRA) at cra.gmu.edu/covid19. NVAR partners with GMU-CRA to publish market and economic data for the NVAR footprint, which covers…
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