NAR Declares Start to Housing Comeback
Posted To: MND NewsWire
The housing recovery is underway according to the National Association of Realtors® (NAR) which released numbers on Tuesday to back up that claim. Existing home sales rose from March to April and are well above sales one year ago. Prices are on the rise as well and the improvements were felt across all regions of the country. Total existing home sales in April including single-family homes, townhomes, condominiums, and cooperative apartments increased 3.4 percent to a seasonally adjusted annual rate of 4.62 million. This was an increase of 3.4 percent from March although those figures were revised down from an original estimate of 4.48 million to 4.47 million. April sales were 10.0 percent higher than the 4.30 million-unit level one year earlier. Single-family sales rose to 4.09 million…(read more)
