U.S. existing home sales fall more than expected in November
The National Association of Realtors said on Tuesday that existing home sales fell 2.5% to a seasonally adjusted annual rate of 6.69 million units last month.
U.S. home sales fell more than expected in November after five straight month of gains amid a shortage of properties and more expensive houses, but the housing market remains underpinned by record low mortgage rates.
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