Existing Home Sales Dropped 1.5% in December

Existing-home sales retreated for the eleventh consecutive month in December, according to the National Association of REALTORS®’ (NAR) recent existing home sales report. NAR’s latest data on existing homes found that total existing-home sales decreased 1.5% to 4.02 million, and YoY sales were down 34% from the 6.09 million last year. Three of the four…

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