Existing-Home Sales Ascend Again in June, First-time Buyers Provide Spark

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WASHINGTON (July 21, 2016) — Boosted by a greater share of sales to first-time buyers not seen in nearly four years, existing-home sales maintained their upward trajectory in June and increased for the fourth consecutive month, according to the National Association of Realtors®. Only the Northeast saw a decline in closings in June, and sales to investors fell to their lowest overall share since July 2009.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes,… Read More

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