Friday, December 31, 2004

Record nationwide home sales in November!

According to the National Association of REALTORS® (NAR), "Existing-home sales increased 2.7 percent to a seasonally adjusted annual rate of 6.94 million units in November from an upwardly revised pace of 6.76 million units in October. Last month's sales activity was 13.2 percent above the 6.13-million unit level in November 2003. The previous record was 6.92 million in June 2004.".

Low interest rates are still fueling the housing market.

To read more about it, including regional statistics, go here.

And, best wishes for 2005!

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