Quarterly record in state home sales - 2003-11-29
Total state existing-home sales activity in the third quarter was the highest on record, with 48 states and the District of Columbia seeing increases from a year ago, according to the National Association of Realtors.
Clearly, the historic lows we’ve seen in mortgage interest rates this year are the biggest factor in record home sales, but the growing number of households entering the prime years for buying a first home will be driving the housing market for years to come.
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