2016 marked best year for sales in a decade

RealtorMag

Existing-home sales finished out 2016 as the best year since the housing boom days, the National Association of REALTORS® reported Tuesday.

By Region

Here’s a closer look at how existing-home sales performed in December across the country:

Northeast: existing-home sales decreased 6.2 percent to an annual rate of 760,000, but remain 2.7 percent above a year ago. Median price: $245,900, which is 3.8 percent below December 2015.

Midwest: existing-home sales fell 3.8 percent to an annual rate of 1.28 million in December, but remain 2.4 percent above a year ago. Median price: $178,400, up 4.6 percent from a year ago.

Continued:

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