Housing starts rose strongly in June, above 1.6 million units and housing inventory has also modestly improved in the last several months.
The dollar volume of U.S. existing homes purchased by foreign buyers in April 2020–March 2021 fell 27% to $54.4 billion.
June existing-home sales increased 1.4% from May 2021 and 22.9% from June 2020, reaching a 5.86 million seasonally adjusted annual rate.
U.S. advance estimates of retail and food service sales for June 2021 saw a 0.6% increase from May, a seasonally-adjusted total of $621.3 billion.
Nationally, housing affordability fell in May compared to a year ago, as median family income rose by 1.2% and the monthly mortgage payment rose 20%.