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Existing-Home Sales Suffer Setback in November, Fall to Slowest Pace Since April 2014

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WASHINGTON (December 22, 2015) — Existing-home sales dropped off considerably in November to the slowest pace in 19 months, but some of the decrease was likely because of an apparent rise in closing timeframes that may have pushed some transactions into December, according to the National Association of Realtors®. All four major regions saw sales declines in November.

Total existing-home sales1, which are completed transactions that include… Read More

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