US Home Sales Hit 5.4M In July, Highest Since ’09
For the first time since 2009, previously occupied U.S. homes are selling at a pace associated with a healthy market. Sales jumped 6.5 percent in July to a seasonally adjusted annual rate of 5.4 million. Over the past 12 months, sales have surged 17.2 percent. The trend shows that housing remains a driving force for the economy even as mortgage rates have risen from record lows.
“US Home Sales Hit 5.4M In July, Highest Since ’09″ is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.