Washington – The resale housing activity in the U.S. rose in January to its strongest pace in nearly two years, suggesting modest signs of health for the spring, usually a busy season in this area. Yesterday the National Association of Realtors reported that sales in the United States had increased by 4.3% last month to reach a seasonally adjusted and annualized 4.57 million units.
This is the highest level since May 2010. Home sales rose in three of four months. But they remain far below the level of six million units, which corresponds, according to economists, a healthy market.