Existing US home sales increased by 9% in September, reaching an annualized rate of 6.5M and remaining above pre-coronavirus levels for the third consecutive month. Meanwhile, the median price for homes sold in September was $311k (increasing 15% from the prior year). Existing home sales account for over 90% of total US home sales.
The New Paper
This story is from the October 23, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.
