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Wednesday, December 23, 2015

Real Estate News: Existing-Home Sales Down 10.5 Percent in November, NAR Says : News : Realty Today

Real Estate News: Existing-Home Sales Down 10.5 Percent in November, NAR Says : News : Realty Today: The total existing-home sales in November has dropped by 10.5 percent- the slowest pace in 19 months.

����������� According to the press release of National Association of Realtors in PR News Wire, the total completed transaction of existing homes, which include single-family homes, townhomes, condominiums and co-ops, decreased by 10.5 percent �to a seasonally adjusted annual rate of 4.76 million in November (lowest since�April 2014�at 4.75 million) from a downwardly revised 5.32 million in October.�After the decline of existing home sales in October, sales are now 3.8 percent below a year ago - the first year-over-year decrease since September 2014