Mortgage And Real Estate News

Wednesday, August 5, 2015

The Housing Market Is On Fire

We just got another sign the housing market is on fire.

On Wednesday, we learned that existing home sales jumped to the fastest pace since February 2007.

Sales rose 3.2% month-over-month to an annualized pace of 5.49 million.

Economists had forecast a rise of 0.9% to an annualized pace of 5.40 million.

Read more... http://www.businessinsider.com/existing-home-sales-july-22-2015-7?utm_source=trove&utm_medium=referral

Reuters: Business News

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