National Association of Realtors

NAR Sees Pace of Home Resales Gain 3.8% in Q2 

Existing home sales rose 3.8% in Q209, pushing the seasonally adjusted annual rate to 4.76m units from 4.58m units in Q109, although median prices remain well below last year’s levels. The current sales rate came in 2.9% below Q208’s annualized rate of 4.9m units, according to the quarterly survey by the National Association of Realtors (NAR).