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BostonREB Ford Realty > U.S. existing home sales rise in December

U.S. existing home sales rise in December

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Existing-home sales rose unexpectedly while inventory declined, led by a surge of sales in the West, according to the National Association of Realtors.

Existing-home sales – including single-family, townhomes, condominiums and co-ops – jumped 6.5 percent to a seasonally adjusted annual rate 1 of 4.74 million units in December from a downwardly revised pace of 4.45 million units in November, but are 3.5 percent below the 4.91 million-unit pace in December 2007.

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Ford Realty Inc.

137 Charles St,
Boston, MA 02114
617-720-5454
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