Global Economic News

U.S. Existing Home Sales Unexpectedly Rebound After Five Straight Monthly Declines

After reporting five consecutive monthly declines in U.S. existing home sales, the National Association of Realtors released a report on Wednesday showing existing home sales unexpectedly rebounded in the month of November.

NAR said existing home sales climbed by 0.8 percent to an annual rate of 3.82 million in November after plunging by 4.1 percent to a rate of 3.79 million in October.

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by RTTNews Staff Writer

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