The alarming
pace of destruction — 51 percent higher
than the
prior year with a loss of 73.4 million acres (29.7 million hectares), according to data from the University of Maryland — was partially due to climate change that has increased the risks and intensity of wildfires by triggering temperature rise and drought
in some places, the monitor said.
Sales rose most
in the Midwest, where the contract closings climbed 3.8 percent to a 1.35 million
pace from the
prior month At the current
pace, it would take 4.6 months to sell out housing inventory, compared with 4.7 months
in May; less
than a five months» supply is a tight market, the Realtors group has said Properties were on the market for 34 days
in June, the same as
year ago Single - family home sales climbed 0.8 percent to an annual rate of 4.92 million while purchases of multifamily properties increased 3.2 percent to a 650,000
pace First - time buyers accounted for 33 percent of all sales, up from 30 percent
in May and the highest share since July 2012 Sales driven
in gains among most expensive homes, NAR's Yun said.