Existing Home Sales Dip 1.6 Percent Year-Over-Year in September 2017, But Surprisingly Rose 0.7 Percent from August

Given the Hurricanes Harvey and Irma, consensus was for declining existing home sales year-over-year and sequentially from August.  While sales dipped 1.6 percent in September 2017 versus a year ago, sales edged up slightly (0.7 percent) from August according to the National Association of Realtors® (NAR) to a 5.39 million seasonally adjusted annualized rate (SAAR).  … Read more...(read more)

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