Home Sales Rose In February

Good news! This morning, the National Association of Realtors (NAR) reported that existing home sales rose 2.9 percent nationally in February. What’s more, existing home sales in the Northeast increased 11.3 percent. In addition, the median home price in the region was up 0.4 percent from a year ago. According to Lawrence Yun, NAR chief economist, these gains are encouraging signs that the market is stabilizing. 

Check what is happening in Northern NJ.

http://www.bcnjre.com/Housing_Market_Stats/page_870680.html