Category Archives: Residential

Existing Home Sales Speed Forward in March 2017, Up 5.9 Percent Year-Over-Year with Median Price Up 6.8 Percent

Existing home sales accelerated into March 2017, hitting a seasonally-adjusted annualized rate (SAAR) of 5.71 million, up 5.9 percent year-over-year and the most since February 2007, according to the National Association of Realtors® (NAR). On an unadjusted basis, a total 456,000 single family, townhouse and condos were sold in March, up 8.3 percent versus a year ago.