Existing-Home Sales Spike! Existing-home sales rose strongly in - TopicsExpress



          

Existing-Home Sales Spike! Existing-home sales rose strongly in July, with the median price maintaining double-digit year-over-year increases. "Mortgage interest rates are at the highest level in two years," said NAR Chief Economist Lawrence Yun. "The initial rise in interest rates provided strong incentive for closing deals. However, further rate increases will diminish the pool of eligible buyers." realtor.org/news-releases/2013/08/existing-home-sales-spike-in-july?om_rid=AAD7$W&om_mid=_BSFnFKB80pSA6y&om_ntype=NARWeekly
Posted on: Thu, 22 Aug 2013 23:23:10 +0000

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