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Home Resales Hit Highest Level Since August 2012

Home Resales Hit Highest Level Since August 2012

| May 27, 2014 | Housing Market

The housing market has made positive strides toward recovery over the last few months. Home resales jumped in April, and the supply of homes for sale on the market increased to the highest level since August of 2012. According to the National Association of Realtors, existing home sales jumped 1.3% to an annual rate of 4.65 million units. Although the housing market continues to grow, first time applications for unemployment benefits increased. More here

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