
US Existing Home Sales Hit More Than 9-1/2-Year High
U.S. home resales rose in October to their highest level in more than nine and half years amid pent-up demand, offering more evidence of a pickup in economic growth early in the fourth quarter.
U.S. home resales rose in October to their highest level in more than nine and half years amid pent-up demand, offering more evidence of a pickup in economic growth early in the fourth quarter.
U.S. home resales rose more than expected in September, boosted by a firming labor market that is helping buyers overcome a fast increase in prices and a national shortage in inventory.
U.S. home resales fell more than expected in July after four straight months of strong gains as a lack of inventory limited choice for buyers, but further gains in prices suggested the housing market remained on solid ground.