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NAR: Existing-home sales in August rise nationally, remain unchanged for Northeast

Sep 24, 2013
Existing-home sales increased nationally in August and reached the highest level in six-and-a-half years, according to the National Association of REALTORS (NAR).

Total existing-home sales, which include single-family townhomes, condominiums and co-ops, rose 1.7 percent to a seasonally adjusted annual rate of 5.48 million in August. August closings were 13.2 percent higher than the 4.84 million-unit pace of August 2012. 
 
In the Northeast, existing-home sales were unchanged at an annual rate of 710,000 in August. This is 12.7 percent above year-ago levels.

To read the entire NAR press release, click here.
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