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Economy, Real Estate

“US home sales rose again in October”

“…Existing-home sales, which include completed transactions that include single-family homes, townhomes, condominiums and co-ops were up 0.8% from September to a seasonally adjusted annual rate of 6.34 million in October. Home sales were down 5.8% from a year ago, which was a cyclical peak in a pandemic surge in home buying.The median existing-home price for all housing types in October was $353,900, up 13.1% from a year ago. This marks 116 straight months — or more than nine and a half years — of year-over-year increases, the longest-running streak on record…”

https://www.cnn.com/2021/11/22/success/us-existing-home-sales-prices/index.html

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