Existing home sales in the U.S. unexpectedly showed a significant increase in the month of November, according to a report released by the National Association of Realtors on Wednesday.
NAR said existing home sales surged up by 1.9 percent to an annual rate of 5.32 million in November after jumping by 1.4 percent to a rate of 5.22 million in October. Economists had expected existing home sales to drop by 0.6 percent.
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