Existing-home purchases increased for the fifth consecutive month in October as sales were up 4.3% from the prior month and 26.6% from one year ago, the National Association of Realtors reported Thursday, as the personal real estate market remains red-hot.

“Faced with many uncertainties in 2020, the real estate industry has been able to meet surprisingly strong homebuying demand,” said NAR’s President Charlie Oppler.

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