Photo by Maximillian Conacher on Unsplash
Written by Elena Cox | Stacker
Click here to read the full article.
The pace at which homes sell in the U.S. tends to ebb and flow over the calendar year, with homes selling fastest in the summer and slowest in the winter. But things are more muted in 2023 as high home prices and mortgage interest rates scare potential buyers. In June, the median number of days a home spent on the market was 29, 11 days longer than the year before.