U.S. Home Sales Uptick 1.3 Percent in August
National Association of Realtors | September 20, 2019
According to the National Association of Realtors, U.S. existing-home sales inched up in August 2019, marking two consecutive months of growth. Three of the four major regions reported a rise in sales, while the West recorded a decline last month. Total existing-home sales completed transactions that include single-family homes, townhomes, condominiums and co-ops rose 1.3% from July to a seasonally adjusted annual rate of 5.49 million in August. Overall sales are up 2.6% from a year ago (5.35 million in August 2018).