Existing-Home Sales Reach Highest Level Since 2006

Existing-home sales in 2020 reached their highest level since 2006, according to the National Association of Realtors. (NAR)

Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 0.7% from November to a seasonally-adjusted annual rate of 6.76 million in December. Sales in total rose year-over-year, up 22.2% from a year ago (5.53 million in December 2019).