US existing home sales rebound in September, rise 7%

By | October 21, 2021

Existing home sales rose 7% to a seasonally adjusted 6.29 million units in September from a month earlier, according to the National Association of Realtors (NAR). The results outpaced analyst expectations of a 3.6% increase, according to Bloomberg consensus estimates.

“This autumn looks to be the second best autumn home-sales season in 15 years,” Lawrence Yun, chief economist at NAR, said during a press conference releasing the new data.

Read full article at: Yahoo! Finance

Author: MS Editorial Team

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