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U.S. Existing-Home Sales Reached a 15-Year High of 6.1 Million Last Year
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wsj.comU.S. home sales surged to a 15-year high in 2021, as ultralow interest rates and remote work fueled an extremely competitive housing market.
Home prices grew at a record pace across the country last year as buyers vied for a limited number of homes for sale. Homes sold faster than ever, with many sellers receiving multiple offers above the list price. Existing-home sales rose 8.5% from a year earlier to 6.12 million, the National Association of Realtors said Thursday.
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