Sales of previously owned US homes reached their highest level for more than two years in August, figures show.
Prices for such homes also rose, according to figures from the National Association of Realtors (NAR).
The figures added to the picture of an improving US housing market, although the number of first-time buyers fell back from 34% to 31%.
Earlier, figures from the US Commerce Department showed new house building had also risen between July and August.
Seasonally adjusted home sales were running at an annual rate of 4.82 million last month, according to the NAR.
That is the biggest number since May 2010, when sales were boosted by a federal home-buying tax credit.
However, the figure is still below the 5.5 million units a year level seen as consistent with a healthy housing market.
19 Sep, 2012
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Source: http://www.bbc.co.uk/news/business-19652560#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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