December 2012 Existing Home Sales Show Average Growth for 2012
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January 22, 2013 - 10:38am
Written by Steven Hansen
The headlines for existing home sales say that sales were marginally weaker in December, but our analysis shows sales a lot weaker - but this is a comparison to relatively strong October and November sales.
Sales down 8.0% month-over-month, Up 6.9% year-over-year
Prices up 2.1% month-over-month, Up 10.4% year-over-year
Sales growth was about average for 2012, while the sales price jump was unusual for Decembers.
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