November existing home sales rose 0.7 percent to highest level since February 2007

METROINTELLIGENCE ECONOMIC UPDATE

Total existing home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 0.7 percent in November. November’s sales pace is now the highest since February 2007 (5.79 million) and is 15.4 percent higher than a year ago.

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