homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


Subscriber content preview

December 23, 2021

Existing home sales, median price edged up in November

  • Americans continued to snap up homes only days after they're listed.
    • By ALEX VEIGA
    AP Business Writer

    Sales of previously occupied U.S. homes rose for the third straight month in November, reflecting strong demand, low mortgage rates and intense competition for a relatively few number of properties on the market.

    Existing homes sales rose 1.9% last month from October to a seasonally-adjusted annual rate of 6.46 million units, the National Association of Realtors said Wednesday. That's the fastest pace since January, but below the 6.51 million units that economists had been expecting, according to FactSet.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.