Existing Home Sales Surge 12% in December

CNNMoney is reporting that sales of existing homes jumped in December, marking the fifth month of gains in the past six months.  Previously-owned home sales climbed 12.3% in December to an annual rate of 5.28 million, from 4.70 million in November, according to the National Association of Realtors.

That puts sales at the highest level since the homebuyer tax credit expired in June.

One thought on “Existing Home Sales Surge 12% in December

  1. Pingback: New home sales surge in December | Outer Banks Market Report

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