Home Prices by Region
Sales rose in every region of the country, with the strongest gains in the Northeast and Midwest. The Northeast saw sales grow 4.3 percent in June to an annual pace of 720,000, up from 690,000 in May and up 12.5 percent from the previous year. In the Midwest, total sales increased to $1.33 million homes, up 4.7 percent from 1.27 million the month before and up 12.7 percent from June 2014. Sales in the South rose to annual rate of 2.20 million in June, up 2.3 percent from 2.15 million in May. Sales were also up 7.3 percent from one year earlier. And in the West, sales increased to an annual level of 1.24 million, up 2.5 percent from May�s 1.21 million. Compared with last year, sales in the West are up 8.8 percent.
Data Source: National Association of Realtors