America’s housing-market recovery is in full swing.
Purchases of previously owned homes climbed 3.2 percent in June to a 5.49 million annualized rate, the strongest since February 2007, the National Association of Realtors said Wednesday. Lean inventory pushed prices to an all-time high and listed properties were snapped up in just 34 days on average, the quickest in four years of record-keeping.
