Homes Sold in November at Fastest Pace in 10 Months

Posted on AllSides December 22nd, 2021
From The Center

U.S. home sales rose in November as low mortgage-interest rates and a strong job market continued to drive robust demand.

Existing-home sales increased 1.9% in November from the prior month to a seasonally adjusted annual rate of 6.46 million, the highest pace since January, the National Association of Realtors said Wednesday. November sales fell 2.0% from a year earlier.

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