Record Increase in Existing Home Sales
The National Association of Realtors (NAR) has reported that existing home sales increased 14.7 percent from November 2015 to December 2015 as the seasonally adjusted annual rate jumped from 4.76 million to 5.46 million. This is the largest month-to-month increase in history, and it more than made up for the 10.5 percent decline experienced from October to November. The current