Home sales climb in January
Home sales rose 0.4 percent in January 2013 and climbed 9.1 percent above the home sales level seen a year ago.
Home sales climbing 0.4 percent since December 2012, according to the National Association of Realtors' Existing Home Sales Report.
SoldAtTheTop
Today, the聽聽(NAR) released their聽聽January showing a slight monthly improvement in sales with total home sales climbing 0.4% since December and climbing 9.1% above the level seen in January 2012.聽
Single family home sales also improved slightly rising 0.2% from December and still rising 8.5% above the level seen in January 2012 while the median selling price increased a notable 12.6% above the level seen a year earlier.聽
Inventory of single family homes declined notably from December to 1.55 million units dropping 25.5% below the level seen in January 2012 which, along with the sales pace, resulted in a monthly supply of 4.3 months.聽