Virginia home sales down slightly in June, but listings up 25%

The Virginia Home Sales Report, published recently by Virginia Realtors, found that home sales in the state declined slightly in June compared to the same month last year. According to the report, 10,018 homes were sold statewide this June, 974 fewer than were sold in June 2023. But, the report also indicated that overall sales activity across Virginia in 2024 was slightly outpacing the first six months of 2023 even though mortgage rates have been higher this year than last year. "This year's rise in home sales could suggest that some portions of the buyer pool are getting more acclimated...

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