Existing U.S. home sales decrease 2.5% in November
All major regions either took a step back or held steady in terms of their respective month over month status, but each of the four areas experienced significant year over year growth.
Total existing home sales, completed transactions that include single family homes, townhomes, condominiums and co ops, decreased 2.5% from October to a seasonally adjusted annual rate of 6.69 million in November.
However, sales in total rose year over year, up 25.8% from a year ago (5.32 million in November 2019). ■