Posted To: MND NewsWire

Existing homes sales posted the second consecutive increase in July after breaking out of a slump in June that had endured for four months. The National Association of Realtors®, (NAR) said sales of pre-owned single-family houses, town houses, condominiums, and cooperative apartments rose to a seasonally adjusted annual rate of 5.99 million units in July, a 2.0 percent increase from the June rate of 5.87 million and 1.5 percent higher than the pace in July 2020. Sales of single-family homes rose 2.7 percent month-over-month to a seasonally adjusted annual rate of 5.28 million but were 0.8 percent lower than a year earlier. Condo and co-op sales fell, from a 730,000 rate in June to 710,000 in July, a decline of 2.7 percent. Those sales, however, were 22.4 percent higher year-over-year. The…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Published On: August 23, 2021 / Categories: Mortgage News /

Subscribe To Receive The Latest News

Curabitur ac leo nunc. Vestibulum et mauris vel ante finibus maximus.

Thank you for your message. It has been sent.
There was an error trying to send your message. Please try again later.

Add notice about your Privacy Policy here.