U.S. Existing-Home Sales Continued to Climb in August

Sales of previously owned homes rose in August for the third consecutive month of sales increases, a sign that prospective home buyers remain motivated to buy despite the pandemic

Sales of previously owned homes rose in August for the third consecutive month of sales increases, the National Association of Realtors said Tuesday, a sign that prospective home buyers remain motivated to buy despite the pandemic.

Sales increased 2.4% from a month earlier to a seasonally adjusted annual rate of 6 million, according to NAR.

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