Nov

U.S. Existing Home Sales Climb to Highest Since Early 2007

Reflects pent-up demand in month before spike in rates
Housing inventory falls from year ago for 17th straight month

Sales of previously owned U.S. homes unexpectedly climbed in October to the highest level since February 2007, a sign of momentum in the housing market a month before a jump in borrowing costs, National Association of Realtors data showed Tuesday…

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U.S. Existing Home Sales Climb to Highest Since Early 2007

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