After a fourth straight monthly increase in sales of existing homes, multiple economists see this as evidence to a rebound in the U.S. housing market, the NAHB reports. Furthermore, a report from the NAR indicates that sales of existing homes rose 2.4 percent in July to a seasonally adjusted annual rate of 5.15 million, while a homebuilder survey released Mondayshowed that builders are more confident about future sales.
Existing Home Sales Continue to Increase
A report from the NAR indicates that sales of existing homes rose 2.4 percent in July.
