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Not Enough to Go Around

Between real estate investors, first time homebuyers, and repeat buyers, the current market has been bustling with new home hopefuls. Though June home sales are up 1.5 percent month-to-month, which is the first time in three months there's been a monthly gain, NAR said home sales are flat in 2017 compared to 2016 due to inventory shortage. See what else they reported in the Video Spotlight.

Pending home sales post first annual gain since March from CNBC.

To see NAR's report, click here.

About Author: Brianna Gilpin

Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation's leading diversified media and information services companies. To contact Gilpin, email brianna.gilpin@thefivestar.com.

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