June's housing data shows sales momentum

Home sales in the U.S. rose 8.9% from May and 7.8% year over year, with active inventory increasing 5.0% month over month and 2.5% year over year. Median sales price reached $460,000, up 2.4% from May and 2.2% from last year. Buyers paid 99% of asking price. Average days on market was 43, and months' supply of inventory was 2.7, indicating steady market activity without major supply shifts.