NAR 2013 Existing Home Sales Report

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The National Association of Realtors recently came out with the 2013 existing home sales report and the statistics are promising. Total sales are up 9.1% in 2013 compared to 2012 and the 5.09 million sales of existing homes were the most since 2006. Even better news for sellers is that prices were up 11.5% from last year. This is the largest price increase since 2005. The real estate market is definitely getting healthier and this trend should continue throughout 2014.