Tuesday, March 11, 2014

National Home Sales in 2013 are the Highest in 5 years

The Phoenix Housing Market is my normal source for blog posts about home sales and helping home buyers and home sellers. This time I came across an article in Realty Times that said national home sales are the highest in 5 years. These statistics come from the National Association of Realtors (NAR).

The reprint of this article is authorized because I am a paid subscriber to Realty Times. My commentary on this article about national home sales follows. Written by Blanche Evans on Monday, 27 January 2014 12:01 pm.

Begin article:

Just when it seemed that home sales were taking a breather, new data from the National Association of REALTORS® (NAR) says that home sales in 2013 were the highest since 2006, well before the housing meltdown.

For all of 2013, housing sales totaled 5.09 million units, which is 9.1 percent higher than in 2012.

Lawrence Yun, NAR chief economist,

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