Industry NewsMarkets & Economy

NAR: Home sales up 4.9% in ’09

Median price rises 1.5% year-over-year in December
Published on Jan 25, 2010

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by CareyBot

While September through November saw a rise in the rate of resale home sales that was fueled at least in part by federal tax credits to homebuyers, December saw a monthly decrease in sales, according to a report released by the National Association of Realtors.

At the same time, both prices and sales rose year-over-year in December, and total sales grew in 2009 compared to 2008.

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