Wednesday, February 22, 2017

2017 Starts Strong: Home Sales Hit 10-year High

Scotsman Guide reported today that despite fast-rising prices and low inventory levels, existing homes sales started the year off at the fastest pace in almost a decade. They said that existing homes sales were running at a pace of 5.69 million in January, the highest level since February 2007. According to the National Association of Realtors (NAR), which was cited in the article, sales increased in all regions except the Midwest.

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