Home sales figures increased in June on both a monthly and annual basis, and new property listings also rose, according to Zillow.
Last month, 381,125 homes were sold, up 5.9 percent year over year, said Zillow’s June Market Report published on July 7, calling it a trend reversal following the yearly decline recorded in May. On a monthly basis, sales jumped 9.2 percent from May.
There were 403,811 homes newly listed for sale in June, up 3 percent from last year, which is another reversal from May’s trend and a “sign that there may yet be some life left in this year’s home shopping season,” according to the real estate marketplace company….