Existing-home sales rose 1.7% month-over-month (m/m) in August to an annual rate of 5.48 million - the highest pace in 6 ½ years - compared to Bloomberg's estimated drop to 5.25 million units. July's figure was unrevised at a 5.39 million unit pace. The median existing-home price rose 14.7% from a year ago to $212,100, marking nine consecutive months of double-digit y/y increases, and the strongest since October 2005. Declines in the share of distressed sales
continued to contribute some to the growth in median home prices, accounting for 12% of sales, marking the lowest share since tracking began in October 2008. The supply of homes available for sale rose 0.4% m/m but fell 6.3% y/y to 2.25 million units, equating to 4.9 months of supply at the current sales pace. Single-family home sales rose 1.7% m/m, while multi-family gained 1.6
Author:Terri Coleman Phone: 936-581-4434 Dated: October 2nd 2013 Views: 820 About Terri: My clientele appreciate and benefit from the expertise that I provide, how I provide it and the enor...
I stumbled upon this event that's happening August 19th. As a firefigh
""Realtor was very knowledgeable, nice, efficient and ultimately helped me reach my goal. She stayed with it and we found exactly what I was looking for. I would recommend her to anyone in the market for a new home!" "