US Existing Home Sales Spike 9.4% to 14-Yr Highs

US Existing Home Sales Spike 9.4% to 14-Yr Highs

#home #sales #existing US existing home sales rose to a more than 14-yr highs in September, boosted by historically low mortgage rates. The National Association of Realtors (NAR) reported Thursday that existing home sales jumped 9.4% to a seasonally adjusted annual rate of 6.54-M units last month, the highest mark since May 2006. Economists polled had forecast sales […]

Existing Home Sales Rising at Record Pace, Well Past the Recovery Phase

Existing Home Sales Rising at Record Pace, Well Past the Recovery Phase

#home #sales #NAR US home sales rose at a record pace for a 2nd month running in July and home prices hit a record as historically low interest rates boosted demand for homes even as the C-19 coronavirus chaos put millions of out of work. The National Association of Realtors (NAR) said Friday existing home […]

US Existing Home Sales Up by Record 20.7% After Slumping for 3 Months

US Existing Home Sales Up by Record 20.7% After Slumping for 3 Months

#home #sales #prices #inventory #FHFA #NAR #work #C19coronavirus Existing home sales rose by 20.7% M-M in June to a seasonally adjusted annual rate of 4.72-M That is the largest monthly increase on record, although the seasonally adjusted annual rate of existing home sales is still 18% lower than where it stood in February. The Key […]