First-time buyer activity rose to a four-year high in June, furthering the rise in existing-home sales for the fourth consecutive month, according to the National Association of REALTORS®. Only the Northeast saw a decline in closings in June, and sales to investors fell to their lowest overall share since July 2009.
Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, climbed 1.1 percent to a seasonally adjusted annual rate of 5.57 million in June from ...
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2016