7.2% increase in national home sales over last month, the biggest jump in over 10 years.

The Seattle Times reports that this increase is the biggest in over 10 years. 1 out of every 3 homes was purchased by first-time-buyers, which is the biggest driver to the entire housing market. Without first-time-buyers it would be hard for move-up-buyers to buy their next house. Click here to read the entire Seattle Times article on increase home sales.