Existing-home sales improved in May and remain solidly above a year ago, while the median price continued to rise by double-digit rates from a year earlier, according to the National Association of Realtors®.
Realogy Holdings Corp. franchisor Century 21 Real Estate LLC has hired Santa Rosa, Calif.-based Properties Online Inc. to build custom property websites for every listing that appears on the company’s website.
Zillow’s May Real Estate Market Reports, released today, show that national home values rose 0.5% from April to May to $159,000 (Figure 1). On a year-over-year basis, home values were up 5.4% (Figure 2) from May 2012. The last time national home values were at this level was in July 2004. Rents were up 2.6% on a year-over-year basis (Figure 3).
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