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December Existing-Home Sales Rise, 2013 Strongest in Seven Years

From realtor.org

Existing-home sales edged up in December, sales for all of 2013 were the highest since 2006, and median prices maintained strong growth, according to the National Association of Realtors®. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.0 percent to a seasonally adjusted annual rate of 4.87 million in December from a downwardly revised 4.82 million in November, but are 0.6 percent below the 4.90 million-unit level in December 2012. For all of 2013, there were 5.09 million sales, which is 9.1 percent higher than 2012. It was ... (full story)

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