December Existing-Home Sales Climb Higher

The National Association of Realtors has reported that total existing-home sales, which includes single-family homes, condominiums, co-op and townhouses increased in 3.6% in December from November, to a SAAR of 5.54 million. When compared to existing homes sales in December 2018, overall sales increased 10.8%. On a 12 month, full-year basis, total existing-home sales ended at 5.34 million, the exact same level as sales in 2018.

FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.