Skip to: Content
Skip to: Site Navigation
Skip to: Search


Paper Economy

Home sales climb 1.7 percent in August

By / September 19, 2013

This chart shows national existing single family home sales since 2005. Existing home sales were up 1.7 percent in August.

SoldAtTheTop

Enlarge

Today, the National Association of Realtors (NAR) released their Existing Home Sales Report for August showing a  increase in sales with total home sales climbing 1.7% since July rising 13.2% above the level seen in August 2012. 

Skip to next paragraph

Writer, The PaperEconomy Blog

'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.

Recent posts

Single family home sales also improved climbing 1.7% from July and rising 12.8% above the level seen in August 2012 while the median selling price increased a notable 14.4% above the level seen a year earlier. 

Inventory of single family homes increased from July to 2.01 million units but still remained 5.6% below the level seen in August 2012 which, along with the sales pace, resulted in a monthly supply of 5.0 months. 

The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here.To add or view a comment on a guest blog, please go to the blogger's own site by clicking on paper-money.blogspot.com.

  • Weekly review of global news and ideas
  • Balanced, insightful and trustworthy
  • Subscribe in print or digital

Special Offer

 

Doing Good

 

What happens when ordinary people decide to pay it forward? Extraordinary change...

Danny Bent poses at the starting line of the Boston Marathon in Hopkinton, Mass.

After the Boston Marathon bombings, Danny Bent took on a cross-country challenge

The athlete-adventurer co-founded a relay run called One Run for Boston that started in Los Angeles and ended at the marathon finish line to raise funds for victims.

 
 
Become a fan! Follow us! Google+ YouTube See our feeds!