Sales of existing homes in the United States fell by 1% between November and December, to 3.78 million annualized and seasonally adjusted (SA), according to the National Association of Realtors (NAR).

The median sale price reached $382,600, up 4.4% year-on-year, and the inventory of unsold existing homes fell by 11.5% month-on-month to 1 million at the end of December, or 3.2 months at the current rate.


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