Low mortgage rates spur gain in July's existing home sales
National Association of Realtors | August 21, 2019
Existing-home sales rose 2.5% in July from the prior month, according to the National Association of Realtors. Total existing-home sales completed transactions that include single-family homes, townhomes, condominiums and co-ops increased to a seasonally adjusted annualized rate of 5.42 million, a gain of 0.6% above July 2018’s rate.