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NAR US Existing-Home Sales Report Shows 0.5% Increase in November
Existing-home sales increased by 0.5% in November, according to the National Association of REALTORS® Existing-Home Sales Report. The Report provides the real estate ecosystem, including agents and homebuyers and sellers, with data on the level of home sales, price, and inventory. Month-over-month sales increased in the Northeast and South, showed no change in the West, and fell in the Midwest. Year-over-year sales showed no change in the Northeast and South, and decreased in the Midwest and West. "Existing-home sales increased for the third straight month due to lower mortgage rates this autumn," said NAR Chief ... (full story)
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