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November US homes sales rose from the previous month, but down from 2024 as prices climb

Sales of previously occupied U. S. homes rose in November from the previous month, but slowed compared to a year earlier for the first time since May despite average long-term mortgage rates holding near their low point for the year. Existing home sales rose 0. 5% in last month from October to a seasonally adjusted annual rate of 4. 13 million units, the National Association of Realtors said Friday. Sales fell 1% compared with November last year. The latest sales figure came in slightly below...

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