HomeExisting home sales at best pace since June
Existing home sales were up again in November, hitting their highest level since the expiration of the tax credit in June. At an annual pace of 4.68 million sales were up 5.6 percent from October's 4.43 million, according to the National Association of Realtors. Sales were down from last November's 6.49 million when sales were probably artificially inflated by the original expiration of the new home buyer tax credit.