Markets & Economy

Sales of vacation homes skyrocketed in 2013

NAR: Growth in equity markets helped drive up purchases by nearly a third
Published on Apr 2, 2014

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by CareyBot

Sales of vacation homes surged in 2013 as substantial growth in equity markets furnished more well-heeled households with additional cash to spend on property, according to an annual report from the National Association of Realtors. Vacation-home sales surged 29.7 percent ...