Roughly 40% of existing homes sold in the US are sold in the South Posted in Did You Know, Home Sales Statistics, by Danielle Hale, Director of Housing Statistics on May 23, 2013 You are currently browsing comments. If you would like to return to the full story, you can read the full entry here: “Roughly 40% of existing homes sold in the US are sold in the South”. Tags:Existing Home Sales,Home Buyers,Regional and Local Data Related Posts Baby Boomers Lead Recent Household Formation Reasons For Purchasing A Home: May 2011 RCI Results Comments Calgary Home Builder Why do you think sales are so high in the South? Larger consumer base? More conservative population? Obviously the South is having economic troubles of its own. joseph pugliese A reason i believe is helping the South in home sales is so many people from the North are moving a way do to the cost of living from up North. Colleen Donlevy-Burns You can still get more house for your money in the South than in the North and the prices went down so far in this area that it makes it a great place for investors to get a good return on their dollar investment either by flipping the house or renting it out.