Sales of Existing U.S. Homes Rise to Highest Level in Nine Years
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Monday, July 25, 2016
In this article from The National Real Estate Investor - Contract closings climbed 1.1 percent to a 5.57 million annual rate (forecast was 5.48 million), the most since February 2007 Sales increased 1.9 percent from June 2015 before seasonal adjustment Median price of an existing home rose 4.8 percent from June 2015 to $247,700 Inventory of available properties dropped 5.8 percent from a year earlier to 2.12 million units, the lowest for a June since 2001
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