The total number of existing home sales completed processes with increased 1 percent month compared with a rate of 4.87 in the past month.
The National Association of Realtors estimates the number of homes for sale at 5.09 million, a 9.1% improvement from 2012. The Early buyers accounted for 27% of purchases in January, and sales by 32%.
Steve Brown, president of NAR likewise commented that sales will remain strong in 2014 with numbers that are appreciating in improvement.
