July existing-home sales fall for the sixth straight month, realtors see ‘housing recession’

The numbers: U.S. existing-home sales fell 5.9% to a seasonally adjusted annual rate of 4.81 million in July, the National Association of Realtors said Wednesday. This is the sixth straight monthly de...

The median price of existing-home sales surges over 30% in just two years

House prices continue to rise as a result of strong demand and limited supply, and it is uncertain if a market downturn will happen anytime soon. Indeed, the latest data shows that the median price of...