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

Jul 23, 2015
Existing-home sales increased in June to their highest pace in more than eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales prices to an all-time high, according to the National Association of REALTORS (NAR).
Total existing-home sales, which include single-family townhomes, condominiums and co-ops, increased 3.2 percent to a seasonally adjusted annual rate of 5.49 million in June. June closings were 9.6 percent above a year ago.
In the Northeast, June existing-home sales climbed 4.3 percent to an annual rate of 720,000, and are 12.5 percent above a year ago.
To read the entire NAR press release, click here.
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