September existing home sales set another record, NAR says
The market for existing
single-family homes rose again in September and set a third consecutive monthly record, according to the National Association of Realtors (NAR).
Existing-home sales rose 3.6 percent to a seasonally adjusted annual rate(a)
of 6.69 million units in September from a pace of 6.46 million units in August. Last month's sales activity was 20.8 percent above the 5.54-million unit pace in September 2002.