U.S. home sales rose to a record in the third quarter, with every state posting an increase for the first time in 20 years, the National Assn. of Realtors reported Thursday.
Sales of existing single-family homes, condominiums and cooperatively owned apartments rose 11% to 7.4 million, up from 6.69 million in the second quarter, and exceeded the previous record, 6.7 million, which was set in the first three months of this year, the Washington-based trade group said.
The last time every state showed a year-over-year sales increase was 1983. The group began tracking state home sales data in 1981.