The National Association of REALTORS reported that existing home sales for July came in at 5.39 million on a seasonally adjusted annual basis. July's reading exceeded both expectations of 5.21 million existing homes sold and June's reading of 5.06 million homes sold. This suggests good news for home buyers who've been … [Read more...] about EXISTING HOME SALES REPORT SHOWS HIGHEST NEW HOME INVENTORY SINCE JANUARY 2012
FHFA
Existing Home Sales: Second Highest Level Since 2009
According to the National Association of REALTORS®, national sales of existing homes in June came in at 5.08 million. June's reading was reported to be the second highest since November of 2009; this should calm concerns about a lapsing recovery in housing markets. Summer typically produces the highest prices for existing … [Read more...] about Existing Home Sales: Second Highest Level Since 2009
