Home Sales Increase for the 2nd Straight Month

August 9, 2014

One month of positive real estate sales is encouraging, but sometimes it can be a fluke. That’s why we’re always so thrilled when positive numbers one month carry over into the next month.

And that’s just what we saw with the recent release of May sales numbers…

US Home Sales increase for the 2nd straight month!

According to a recent USA Today article, existing home sales increased for the 2nd straight month in May, increasing to their strongest rate since the fall.

Here’s what the most recent data from the National Association of Realtors revealed: Sales of existing single-family homes, townhomes, condos and co-ops reached a seasonally adjusted annual rate of 4.89 million, which marks a 4.9 percent increase from April’s rate of 4.66 million.

This was the highest monthly percentage gain since August 2011!

And this wasn’t the only indicator that the market is improving. Read More of the data from the National Association of Realtors revealed on our blog