Real Estate Outlook: Existing Homes Sales and Prices Rise

Posted by Bonnie Martin Designated Broker on Tuesday, August 28th, 2012 at 8:07am.


realtytimes.com - When it comes to existing-home sales and the national median home price, rates are on the rise.

According to the National Association of Realtors (NAR), total existing-home sales, including single-family, townhomes, condos, and coops, grew by 2.3 percent for the month of July. Single-family home sales increased 2.1 percent. Existing condominium and co-op sales rose 4.3 percent.

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