Existing-Home Sales Up for Third Month; Inventory Growth Stalls for Winter

Existing-home sales saw the third consecutive month of modest increases as mortgage rates have been lower; however, inventory growth appears to be stalling as winter comes, according to the latest National Association of Realtors® (NAR) data. NAR’s Existing-Home Sales Report for November found that sales increased 0.5% increase in existing-home sales month-over-month to a rate…

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