Listed House Sale Closings Rose 74,000 in March, Prices up 5% in Month, 2.5% in Year
Courtesy of Lee Adler of the Wall Street Examiner
The National Association of Realtors (NAR) reported on Thursday that their members settled 361,000 house sales in March (actual, not seasonally manipulated), up 74,000 from February. The median price rose 5.27% versus February and was up 2.5% versus March 2011. This was the largest monthly percentage price gain since June 2005. The year over year gain was
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