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Existing Home Sales Rise To Highest Level In Over A Year And A Half

Summary by Arizona Daily Independent
Existing home sales rose 0.7% month over month in November to a seasonally adjusted annual rate of 4,269,85—the highest level since March 2023. They jumped 4.5% year over year—the largest annual increase since July 2021, according to a new report from Redfin. A seasonally adjusted annual rate is not a measurement of actual total sales for...
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