San Francisco: A "sold" sign in front of a home earlier this year. Justin Sullivan/Getty Images hide caption toggle caption Justin Sullivan/Getty Images The Two-Way Sales Of Existing Homes Hit Three-Year High December 20, 2012 The housing sector continues to recover. Sales rose 5.9 percent last month. It's the second new piece of positive news about the economy. Earlier, gross domestic product growth for the third quarter was revised upward.