national association of realtors: The Continuing Sales Surge in Existing Home - 12/26/16 06:55 AM
The National Association of Realtors (NAR) has just released its monthly statistics on the sales of existing homes. The latest data revealed that sales for November is up by 0.7% from October. The increase was largely attributed to the big surge in the Northeast region but there was also a smaller gain contributed by the South region.
The total sales in existing homes included single family homes, town homes, condominiums, and coops. The percentage increase translates to a seasonally adjusted annual rate of 5.61 million in November from the 5.57 million rate in October. The sales pace is considered its highest … (1 comments)