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Existing Home Sales Reach Highest Level In 7 Years

By
Mortgage and Lending with Chris Brown | Certified Mortgage Planners NMLS 303797

The NAR provided great year-end news as existing home sales in December pushed 2013 sales of existing homes to a 7 year high. December’s reading of 4.86 sales of pre-owned homes came in at 4.87 million on a seasonally adjusted annual basis.

Although projections had been for 4.89 million sales, the December reading topped November’s revised sales of 4.82 million pre-owned homes.

December’s reading showed the first gain in existing home sales in three months. NAR reported that existing home sales for 2013 reached 5.09 million, which represented a 9.10 percent increase over 2012.

 

 

 

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Existing Home Sales Reach Highest Level In 7 Years

Comments (1)

Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Such good news...my secondary home/by choice recreational area is bound to start to show strength...usually follows events in your country within about 6 to 8 months.

Jan 27, 2014 11:37 PM