Existing Home Sales in June: 5.49 million SAAR, Highest Pace in Eight Years

The NAR reports: Existing-Home Sales Rise in June as Home Prices Surpass July 2006 Peak Existing-home sales increased in June to their highest pace in over eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales price to an all-time high, according to the National Association of Realtors®. ... Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 3.2 percent to a seasonally adjusted annual rate of 5.49 million in June from a downwardly revised 5.32......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/1TQfsd8
via IFTTT