The latest housing report indicates across-the-board growth in every housing market in the country save that in the West where prices remained high and inventory is still tight. The National Association of Realtors (NAR) announced five straight months of increases and experts are prepared to declare a full-on recovery is in the offing. NAR officials have called in the U.S. government to release the foreclosed homes it has in inventory onto the market in areas where sales are brisk and supply is low so that those properties can be cleared off the books a true valuation of home prices can take root. For more on this continue reading the following article from Property Wire.
Sales of existing homes in the United States increased last month the national median price showing five consecutive months of year on year increases, according to the latest data from the National Association of Realtors.
This article was republished with permission from Property Wire.