Favorable mortgage rates outweighed political uncertainty in October, according to the National Association of Realtors’ latest report. Existing-home sales increased 1.2 percent month over month and 1.7 percent year over year to a seasonally adjusted annual rate of 4.10 million.
Source: Inman News
Tailwinds pull October existing-home sales up 1.2%
Published in affordability, bright mls, chief economist Lawrence Yun, danielle hale, first-time homebuyers, home sales, homebuying, homeselling, housing market, inman, inventory, lawrence yun, lisa sturtevant, Markets & Economy, midwest, mortgage rates, NAR, nar existing home sales, national association of realtors, northeast, realtor.com, Select, south and west
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