Existing-Home Sales Jump to Highest Annual Rate in 18 Months

March Home Sales Surge

The spring selling season gets off to a sunny start in March with the sale pace reaching an 18-month high. Also, NAR President Chris Polychron urges the Senate Banking Committee to take action on overly tight mortgage credit. Other stories: Hard-hit buyers are returning to the market seven years after the downturn and the Rural Housing Service joins NAR to talk about the advantages of Sec. 502 direct loans for households that otherwise wouldn’t be able to get mortgage financing.

Featured segments:

  • March existing-home sales hit 18-month high
  • NAR testifies before Congress on credit access
  • Hard-hit buyers return after the downturn
  • Sec. 502 direct loans can help low-income rural buyers

Get more on all the topics covered in this video: