In November, US Existing Home Sales Up 4%, settling at 4,42 million units. This was communicated by the sector association National Association of Realtors. On an annual basis, however, the drop was 3,5%.
The figure was also worse than expected, as analysts had forecast a value of 5,03 million. The October figure was also revised downwards to 4,25 million.
Regarding the prices, the average house price fell in November by 3,5% on an annual basis, to $164.200, while inventories fell 5,8% to 2,58 million homes, the equivalent of a seven-month supply.
