BrokerageIndustry News

Annual real estate sales rise for 3rd straight month (CHARTS)

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At a glance: Existing-home sales (September 2011): Seasonally adjusted annual rate 4.91 million % change from Sep. 2010 +11.3% % change from August 2011 -3%     National median price $165,400 % change from Sep. 2010 -3.5%     Unsold inventory (months' supply) 8.5 Share of all-cash buyers 30% Share of investor buyers 19% Share of first-time buyers 32% Share of distressed sales 30% Source: National Association of Realtors.Existing-home sales rose year over year for the third straight month in September, according to the latest monthly report from the National Association of Realtors. Sales of single-family homes, townhomes, condominiums and co-ops increased 11.3 percent last month to a seasonally adjusted annual rate of 4.91 million. Existing-home sales have been rising by do...