Sales of existing homes rose by 4.7% from August to September, according to data released Thursday from the National Association of Realtors.

Existing-home sales include completed transactions for single-family homes, townhomes, condos and co-ops.

“September home sales bounced back solidly after slowing in August and are now at their second highest pace since February 2007 (5.79 million),” NAR’s chief economist, says in a statement. “While current price growth around 6 percent is still roughly double the pace of wages, affordability has slightly improved since the spring and is helping to keep demand at a strong and sustained pace.”