Zillow: US home sales rise 7% in July as pending listings slump 7.7% from June - ZG News | RalliesZillow: US home sales rise 7% in July as pending listings slump 7.7% from June
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ZG• Zillow's July 2026 Market Report
- Zillow’s July 2026 Market Report flagged a 7% year-over-year jump in home sales, the strongest annual gain this year.
- Leading indicators weakened as newly pending listings rose 0.3% year over year, down 7.7% from June.
- Mortgage rates hit a one-year high in July, raising the risk that sales momentum fades in the second half.
- Inventory totaled 1.41 million homes, up 1.5% from a year earlier; new listings rose 3.1% year over year.
- Typical U.S. home value was $371,757, up 1.1% year over year; typical monthly mortgage payment was $1,888, down 0.9%.
