Existing-home sales roar to the highest since 2006

• December 20, 2017
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance

Existing-home sales were at a 5.81 million seasonally adjusted annual rate in November, the National Association of Realtors said Wednesday.

Sales of previously-owned homes surged 5.6% to an annual 5.81 million pace in November, the third month of increases and the strongest since December 2006. Sales were 3.8% higher compared to a year ago in November.
That crushed the consensus of a 5.59 million rate of sales.