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US Existing-Home Sales Elevated 4.8% in November; Post Strongest Year-Over-Year Increase Since June 2021
Existing-home sales grew in November, according to the National Association of Realtors®. Sales advanced in three major U.S. regions and remained steady in the West. Year-over-year, sales climbed in all four regions. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – improved 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November. Year-over-year, sales bounced 6.1% (up from 3.91 million in November 2023). "Home sales momentum is building," said NAR Chief Economist Lawrence Yun. "More buyers have entered the ... (full story)
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- Dec 19, 2024 2:33pm Dec 19, 2024 2:33pm
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teprewitt23 - Joined Sep 2023 | Status: Member | 96 Comments
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- Posted: Dec 19, 2024 10:02am
- Submitted by:Category: Low Impact Breaking NewsComments: 1 / Views: 6,125
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