Existing-Home Sales at Pace Not Seen Since Summer

Existing-home sales in October were at a pace not seen since summer, the National Association of REALTORS® (NAR) reports.
Existing-home sales totaled 5.48 million, a 2.0 percent increase from September but a 0.9 percent decrease from one year prior. Inventory decreased 3.2 percent to 1.80 million, 10.4 percent below one year prior.“Job growth in most of the country continues to carry on at a robust level and is starting to slowly push up wages, which is in turn giving households added