Existing Home Sales Surge: October Posts Biggest Increase in Nearly Three Years

SEATTLE — In a sign of growing momentum in the housing market, existing home sales rose 1.6% month over month in October, marking the largest gain since January 2022. According to a new report from Redfin, the technology-powered real estate brokerage, this surge brings the seasonally adjusted annual rate to 4,179,346 units. Notably, this represents a 1.7% year-over-year […]