National Association of Realtors economist Lawrence Yun Job growth across the US is “starting to slowly push up wages,” says NAR’s Yun.

WASHINGTON, DC—Sales of existing homes including for-sale apartments were up 2% in October to reach their strongest pace in months, the National Association of Realtors said Tuesday. However, the pace is still slower by 0.9% than a continued shortage of inventory led to fewer closings on an annual basis for the second consecutive month.