Existing home sales in the U.S. climbed to their highest level in nearly fourteen years in the month of August, according to a report released by the National Association of Realtors on Tuesday.
NAR said existing home sales jumped 2.4 percent to an annual rate of 6.000 million in August after skyrocketing by 24.7 percent to a rate of 5.860 million in July. The continued increase in sales matched economist estimates.
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