5 Stats to Watch as Home Sales Rise

Existing-home sales were on the rise last month, led by a surge in the Northeast and modest gains in the South, the National Association of REALTORS® reported Wednesday.
Existing-home sales – completed transactions that encompass single-family homes, townhomes, condos, and co-ops – ticked up 0.7 percent in November, reaching a seasonally adjusted annual rate of 5.61 million. The gain was enough to propel existing-home sales to the highest level since February 2007. Further, sales are 15.4 percent higher than a year ago.
5 stats to watch as home sales rise.pdf

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