U.S. Existing Home Sales Fall to 6-Month Low
Date
12/23/2014 1:50:09 AM
(MENAFN- Saudi Press Agency) U.S. home re-sales fell sharply to a six-month low in November after two consecutive months of strong increases, an industry group reported Monday, demonstrating the uneven nature of the housing-market recovery.
The National Association of Realtors (NAR) said sales of existing home fell 6.1 percent to an annual rate of 4.93 million units, the lowest level since May.
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