Existing home sales hit highest level since 2006
Home sales activity ticked up in the final month of 2020 and annual sales activity reached its highest levels since 2006.
Existing home sales increased 0.7% to 6.76 million in December from a month earlier and up 22.2% from the same time a year ago, according to the National Association of Realtors (NAR). The results beat analysts’ estimates compiled by Bloomberg of 6.56 million.
