The latest monthly data shows total existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 4.0 percent to a seasonally adjusted annual rate of 4.42 million in November from 4.25 million in October, and are 12.2 percent above the 3.94 million-unit pace in November 2010.It's a buyer's market, with a lot of inventory and low interest rates, and those who can are taking advantage of it.
Wednesday, December 21, 2011
Existing Home Sales Continue to Climb
Sales of existing homes continued to rise in November,
according to the National Association of Realtors®.
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