Existing Home Sales are now at an annual pace of 5.52 million.
Inventory of existing homes for sale dropped to a 4.3-month supply, marking the 25^th month in a row of declines.
The median price of homes sold in June was $263,800. This is the 64^th consecutive month of year-over-year price gains.

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Inventory Drops Again, Sales Slow [INFOGRAPHIC]