Existing Home Sales Post Biggest Gains in Nearly 3 Years

The South and West regions dominated sales.
Existing Home Sales Post Biggest Gains in Nearly 3 Years
A sign is posted in front of a home for sale in San Rafael, Calif., on Sept. 28, 2021. Justin Sullivan/Getty Images
Mary Prenon
Mary Prenon
Freelance Reporter
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Along with holiday presents, Americans were buying more homes in December, according to a Jan. 14 report from the National Association of Realtors (NAR). Last month’s overall sales of existing homes grew 5.1 percent month-over-month, representing the strongest growth in almost three years.

Year over year, December also represented a 1.4 percent increase in sales.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.