Home sales rise to highest level in 2.5 years 10.1 percent increase beat analyst expectations by more than sevenfold updated 1 hour, 41 minutes ago WASHINGTON – Home sales far exceeded expectations last month, surging to the highest level in two and a half years as first-time buyers rushed to take advantage of an expiring […]

Home sales rise to highest level

in 2.5 years

10.1 percent increase beat analyst expectations by more than sevenfold  

updated 1 hour, 41 minutes ago

WASHINGTON – Home sales far exceeded expectations last month, surging to the highest level in two and a half years as first-time buyers rushed to take advantage of an expiring tax credit.

The National Association of Realtors said Monday that home resales rose 10.1 percent to a seasonally adjusted annual rate of 6.1 million in October, from a downwardly revised pace of 5.54 million in September.

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Kelly Feb 2026 A crop

Kelly Evans

Kelly Evans, your trusted South Bay real estate expert since 2000. From guiding seamless home sales to sharing insider tips on local lifestyle and neighborhoods, Kelly delivers exceptional service at every step.

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