Existing Home Sales Surge 14.7%, Prices Up 7.6%

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From Bloomberg Business: “Purchases of previously owned U.S. homes rose more than projected in December, helped in part by warmer weather and wrapping up the best year since 2006.┬áContract closings jumped 14.7 percent, the most on record, to a 5.46 million annualized rate, figures from the National Association of Realtors showed Friday. The median forecast in a Bloomberg survey called for a gain to 5.2 million. Prices picked up as inventories eased. For all of 2015, sales climbed to 5.26 million from 4.94 million……

Read the full article at: Existing Home Sales Surge

Posted on January 26, 2016 at 6:03 AM
Scott Rosasco | Category: Real Estate, Uncategorized | Tagged , , , , , ,

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