Existing home sales jump 10%

Real estate agents were busy in October, when sales of existing homes jumped 10.1 percent from the previous month, according to the National Association of Realtors.

Existing home sales were up 23.5 percent from a year earlier and sales activity was at the highest pace since February 2007, NAR said.

In the West, which includes Hawaii, home sales rose 1.6 percent in October, NAR reported. (Read full story>>Home sales increase)