November Existing Home Sales Plunge

November existing home sales, according to the National Association of Realtors, plunged 10.5% from October to November. Note that this metric, as calculated, is the NAR’s "seasonally adjusted, annualized rate (SAAR)" metric. The point here is that the plunge in sales can’t be blamed on seasonality or the weather.

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NAR said existing home sales plummeted by 6.4 percent to an annual rate of 4.99 million in December after jumping by 2.1 percent to a revised rate of 5.33 million in November. Economists had.

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November existing home sales, according to the National Association of Realtors, plunged 10.5% from October to November. Note that this metric, as calculated, is the NAR’s "seasonally adjusted,

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Existing Home Sales - Economic Insights WASHINGTON-Sales of previously owned homes plummeted in November as delays caused by new mortgage red-tape and a dwindling supply of residences on the market pushed down sales to a level not seen.

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Existing home sales in November tumbled 6.1%, the biggest drop since July 2010, down to a seasonally adjusted annual rate of 4.93 million. This was well below analyst expectations of a 1.1% decline,

Existing home sales rose 5.9% to a seasonally adjusted annual rate of 5.04 million homes in November, according to a National Association of Realtors (NAR) report released today. The news comes after.

November existing home sales, according to the National Association of Realtors, plunged 10.5% from October to November. Note that this metric, as calculated, is the NAR’s "seasonally adjusted, annualized rate (SAAR)" metric. The point here is that the plunge in sales can’t be blamed on seasonality or the weather.

One month after hitting their highest level of the year, existing-home sales plummeted in November, according to the latest data from the National Associations of Realtors (NAR). Total existing-home.

Southern California home sales plunged in November from a year earlier, while prices increased at the slowest pace in three years amid a housing market slowdown, reported los angeles Times.

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Existing home sales are accounted for when the sales transaction has fully closed, including title transfer. In other words, sales for November would reflect contracts signed in September and.

After hitting their highest level of the year, existing-home sales slid in November as housing supply showed some tightening, according to the National Association of REALTORS®. All major regions.