Housing Market Posts Gains

Home resales rose 2.1 percent from September to 4.79 million units in October, and the U.S. median home price climbed 11.1 percent from a year ago to $178,600, reports the National Association of Realtors. The number of homes for sale declined 22 percent from a year ago to 2.14 million, and October’s sales pace put the inventory at just 5.4 months. | Read More