“According to the National Association of Realtors, existing-home sales in the U.S. increased in June 2015 to their highest pace in over eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales price to an all-time high. All major regions experienced sales gains in June and have now risen above year-over-year levels for six consecutive months. The percent share of first-time buyers fell to 30 percent in June from 32 percent in May, but remained at or above 30 percent for the fourth consecutive month. A year ago, first-time buyers represented 28 percent of all buyers.”
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