Homeseller profits increase 1st time since Q2 2022: Attom

Record-low inventory and rebounding buyer demand buoyed U.S. homesellers' profit margins for the first time in a year, according to a quarterly market report published Thursday by real estate data firm Attom. Profit margins for median-priced single-family home and condo sales increased 3.8 percentage points from 43.8 percent in the first quarter to 47.7 percent in the second quarter.