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All Posts Term: 2013
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Existing Home Sales Rise July 2013

Stillwind Home for Sale in SW Gainesville

Stillwind Home for Sale in SW Gainesville (Photo credit: ChrisBohn)

Existing Home Sales Rise July 2013

A National Association of Realtors (NAR) report released yesterday (21st August, 2013) says that existing home sales rose up to 6.5% in the month of July, a clear indication that housing recovers to its highest level in nearly 4 years.

According to the association, homes/houses sold at a 5.39 million seasonally adjusted annual rate (SAAR), surprisingly surpassing the forecast of economists which stood at a 1.15 million sales space. The latest existing home sales rate was up 17.1% from the same month in 2012 and the highest since November, 2009. 

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