Housing: Existing-Home Sales Lose Momentum in November

Total existing home sales fell 6.1 percent to a seasonally adjusted annual rate of 4.93 million in November from 5.25 million in October. 

December 23, 2014

Photo: Creative Commons

Total existing home sales fell 6.1 percent to a seasonally adjusted annual rate of 4.93 million in November from 5.25 million in October. Sales dropped to their lowest annual pace since May (4.91 million) but are above year-over-year levels (up 2.1 percent from last November).
 
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