---
title: October Home Sales Exceed Expectations
description: Existing home sales increased by almost 2% in October to 5.46 million, on an annualized basis, according to the National Association of Realtors (NAR).
---

[Financials | National Investor Network ](https://www.nationalinvestornetwork.com/financials)

# [October Home Sales Exceed Expectations](https://www.nationalinvestornetwork.com/financials/october-home-sales-exceed-expectations)

 Written by [Jeff Mindham](https://www.nationalinvestornetwork.com/financials/author/jeff-mindham) | Nov 26, 2019 2:48:58 PM

Existing [home sales increased by almost 2% in October](https://www.reuters.com/article/us-usa-economy-housing/u-s-existing-home-sales-rise-more-than-expected-in-october-idUSKBN1XV1SI) to 5.46 million, on an annualized basis, according to the National Association of Realtors (NAR). This increase exceeds estimates of economists polled by Reuters who forecasted a sales increase of only 1.4%. 

Strong home price appreciation is also climbing, up 6.2% from a year ago. This prompted Lawrence Yun, Chief Economists at the NAR to say, “Lack of inventory is pushing up prices way too fast.”

[View full post](https://www.nationalinvestornetwork.com/financials/october-home-sales-exceed-expectations)

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