Braking Down The News

U.S. Home Sales on Track for Biggest Year in 15 Years

Existing-home sales rose 0.8% in October, the highest pace since January

13

U.S. home sales rose in October as buyers continued to compete for a limited number of homes for sale.

Existing-home sales increased 0.8% in October from the prior month to a seasonally adjusted annual rate of 6.34 million, the highest pace since January, the National Association of Realtors said Monday. Still, October sales fell 5.8% from a year earlier, when the market was at its peak for this cycle.

 

Continue Reading…

 

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More