Existing home sales see small October gain, but supply is now dropping – CNBC
Improvement in mortgage rates at the end of the summer boosted home sales, but that gain may be short-lived. Sales of previously owned homes in October rose 1.2% from September to 4.1 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Sales were up 1.7% year over year. This…
