National Association of Realtors take on the market


The National Association of Realtors (NAR) released its 2013 Investment and Vacation Home Buyers Survey, which covers exiting and new-home transactions in 2012. The survey finds an increase of 10.1% for vacation sales.

Owner-occupied purchases jumped 17.4% to 3.27 million last year from 2.79 million in 2011.

Vacation home sales accounted for 11% of all transactions (investor, vacation and owner-occupied) last year, unchanged from 2011.

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