Global Economic News

U.S. Existing Home Sales Pull Back Much More Than Expected In September

After reporting an unexpected jump in existing home sales in the previous month, the National Association of Realtors released a report on Tuesday showing existing home sales pulled back by much more than anticipated in the month of September.

NAR said existing home sales plunged by 2.2 percent to an annual rate of 5.38 million in September after jumping by 1.5 percent to an upwardly revised 5.50 million in August.

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by RTTNews Staff Writer

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