Existing Home Sales Jump 9.4% In September! Much More Then Experts Anticipated
October 26th, 2009 by Michael Oliver
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Share on Facebook Existing home sales jumped 9.4% in September to a seasonally-adjusted rate of 5.57 million annualized units. It was much more than 5.35 million units economists had been expecting, according to estimates provided by Thomson Reuters. In Tucson the market was also up with pending home sales in Tucson up over 59% from October of ’08. Much of the demand according to Lawrence Yun the top Realtor economist is driven from the first time buyer tax benefit. He states:
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