By mell follow 2013 Jan 22, 1:52am 527 views 0 comments
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But sales are were up 12.8% in December from 2011, and the total number of sales in 2012 rose to the highest level in five years. The annual price for existing homes also jumped to the highest level since 2005. The median price for all existing housing types was $180,800 in December. That's 11.5% more than the same period in 2011. To help make sense of the numbers, Barry Habib, VP and chief market strategist at Residential Finance Corporation, joined The Daily Ticker's Lauren Lyster in the accompanying interview.