The June RE/MAX National Housing Report shows the housing recovery is real. On a year-to-year basis, home sales have now risen for 12 straight months and prices have inched higher for the past five months. Of the 53 metro areas included in the survey, 31 report increases in both sales and prices. It appears the recovery is broad based, occurring in all geographic regions. Increased consumer confidence, historically low mortgage rates and attractive pricing are some of the factors drawing buyers and sellers back into the real estate market. Available homes for sale dropped 5.0 percent from May and 27.4 percent from June 2011. This declining inventory has created a seller’s market in many areas, with multiple bids and offers occurring frequently. An Average Days on Market of 84 in June is the lowest since August 2010. (Photo by David Laprad)