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NAR: Existing-home sales rise in October nationally and for Northeast

Nov 21, 2014
Existing-home sales rose in October for the second straight month and are now above year-over-year levels for the first time in a year, according to the National Association of REALTORS (NAR).

Total existing-home sales, which include single-family townhomes, condominiums and co-ops, rose 1.5 percent to a seasonally adjusted annual rate of 5.26 million in October. October closings were also at 5.26 million and are 2.5 percent above October 2013 levels. 

In the Northeast, existing-home sales climbed 2.9 percent to an annual rate of 710,000. This is 4.4 percent above a year ago. 

To read the entire NAR press release, click here.
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