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US Home Sales Market Hits 6 Year High

Sales of new U.S. single-family homes surged in August and hit their highest level in more than six years, offering confirmation that the housing recovery remains on course.

The US Commerce Department said on Wednesday that sales jumped 18.0 percent to a seasonally adjusted annual rate of 504,000 units. That was the highest level since May [...]

Existing-Home Sales Reflect Rapid Growth

2017 kick starts after a slow December month in 2016 with a spike of 3.3 percentage points for the National Association of Realtors (NAR) existing-home sales. From 5.51 million to 5.69 million seasonally adjusted annual rate (SAAR), January launches a strong start to the new year.

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