Global Economic News

U.S. Existing Home Sales Pull Back After Spiking For Five Straight Months

After reporting sharp increases in U.S. existing home sales for five consecutive months, the National Association of Realtors released a report on Tuesday showing existing home sales pulled back in the month of November.

NAR said existing home sales tumbled by 2.5 percent to an annual rate of 6.69 million in November after jumping by 4.4 percent to a revised rate of 6.86 million in October.

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by RTTNews Staff Writer

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