Houses are selling in just 6 days on average in a red-hot market, and just 3 days in some Midwest cities, an industry report says

A couple stand in front of their new home and smile at each other.

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Houses are selling quicker than ever before in the US, according to a report by real-estate site Zillow.

Newly listed homes nationwide typically took six days to go under contract in May, which was one day shorter than in April, according to the report. Homes in Cincinnati, Kansas City, and Columbus typically took just three days to be sold, the report said.

Zillow also said that high demand in one of the hottest housing markets in history and a lack of supply had pushed up prices. Typical house prices rose 13.2% year-on-year in May to details ⇒

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