Home Prices Up Again
Some experts were saying to today that the latest strong housing numbers are because people rushed out to buy before interest rates went higher.
“WASHINGTON (Reuters) - Sales of previously owned U.S. houses hit a record pace in June, climbing 2.7 percent as home prices soared 14.7 percent from a year ago, the biggest jump in nearly 25 years, a trade group said on Monday.
Sales of existing homes surged to a seasonally adjusted 7.33 million unit annual rate last month from May's upwardly revised 7.14 million unit clip, the National Association of Realtors said. The total includes both single-family homes and condominiums.”
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“WASHINGTON (Reuters) - Sales of previously owned U.S. houses hit a record pace in June, climbing 2.7 percent as home prices soared 14.7 percent from a year ago, the biggest jump in nearly 25 years, a trade group said on Monday.
Sales of existing homes surged to a seasonally adjusted 7.33 million unit annual rate last month from May's upwardly revised 7.14 million unit clip, the National Association of Realtors said. The total includes both single-family homes and condominiums.”
Continue…
posted by Little_Silvered at 8:36 PM
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