East Tennessee Housing Market Keeping Pace with Increasing Home Sales Across US
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9 Articles
East Tennessee housing market keeping pace with increasing home sales across US
KNOXVILLE, Tenn. (WATE) — Home sales across the country are picking up despite higher mortgage rates and home prices, according to the National Association of Realtors, and East Tennessee's housing market is keeping up with that pace while outperforming some national trends. East Tennessee REALTORS says existing home sales increased in May, marking the fastest [...]
Even with rising mortgage interest rates, they remain below levels seen a year ago, said Lawrence Yun, chief economist at the National Association of Realtors.
U.S. existing home sales rose more than economists expected in May, reaching their highest level since December of last year.

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