Home sales, prices jump in November

Posted by Bonnie Martin Designated Broker on Friday, January 4th, 2013 at 8:58am.


money.cnn.com - Sales of existing homes rose 5.9 % to an annual pace of 5.04 million, according to a report from the National Association of Realtors (NAR), an industry group.

It was the highest level since November 2009, when home buying tax credits were in effect, and sales spiked to 5.44 million.

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