Existing Home Sales Numbers Show Value Gains Across America
By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
The National Association of REALTORS® released its Existing Home Sales report for March on Monday. Sales dipped from February's seasonally adjusted annual rate of 4.95 million to 4.92 million existing homes sold in March, a decrease of 0.6 percent month-to-month. This reading was lower than Wall Street's consensus of 5.03 million existing homes sold, but there is also good news. Sales of existing homes are up by 10.3 percent as compared to March 2012. Economists note that existing home sales have performed within a narrow range of 4.90 to 4.96 million since November 2012. This illustrates the impact of lower numbers of existing homes available for purchase in FL and around the country. The National Association of Homebuilders Housing Market Index reports builder concerns include rising ...