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NAR: Existing-home sales regain momentum in September

Oct 27, 2015
Existing-home sales rebounded strongly in September following August’s decline and have now increased year-over-year for 12 consecutive months, according to the National Association of REALTORS (NAR). 
 
Total existing-home sales, which include single-family townhomes, condominiums and co-ops, increased 4.7 percent to a seasonally adjusted annual rate of 5.55 million in September. September closings were 8.8 percent above a year ago. 
 
In the Northeast, September existing-home sales jumped 8.6 percent to an annual rate of 760,000, and are 11.8 percent above a year ago. 
 
To read the entire NAR press release, click here.
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