New homes in the U.S. have traditionally always been more expensive than existing homes, but recent data suggests that the opposite is now true. According to the National Association of Realtors, in March the median price of an existing single-family home hit a record high of $334,500. Also that month, the U.S. Census Bureau released
Existing home sales explode, up 27% from last year
November 20, 2020 by
Existing home sales have risen for the fifth consecutive month as the housing industry continues to show its resilience in the face of the COVID-19 pandemic. The National Association of Realtors reported Thursday that homes sales are up an astonishing 27% from the same time one year ago. In addition, it was reported this week
