The REAL Trends Housing Market Report showed that the combination of new and existing home sales in November 2012 strengthened from the prior year. The annualized rate increased to 5.598 million up from the 4.804 million recorded in November 2011.
The average price of homes sold in November 2012 was up 11.9 percent from the average price of homes sold in November 2011 marking the eighth consecutive month of increased home sale prices.
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