A report released by the National Association of Realtors on Wednesday showed U.S. existing home sales increased for the third straight month in November, reaching their highest annual rate in ten months.
NAR said existing home sales jumped 1.9 percent to an annual rate of 6.46 million in November after climbing by 0.8 percent to a rate of 6.34 million in October.
With the continued increase, existing home sales reached their highest annual rate since hitting 6.66 million in January.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.