Economy

November Sees Surge in US Existing Home Sales, Up 4.8%

National Association of Realtors Reports Significant Increase in Home Sales

Existing Home Sales

The latest report from the National Association of Realtors (NAR) reveals a notable rise in existing home sales across the United States. In November, the sales experienced a 4.8% increase compared to the previous month, reaching a seasonally adjusted annual rate of 4.15 million homes. This marks a 6.1% advancement on an annual basis, indicating a robust market trend.

More details are expected to follow as the market analysis continues.