Real Estate

Home sales rose in November on hot job market, fears of rising rates


HOUSTON, TEXAS – AUGUST 12: A newly sold home is shown on August 12, 2021 in Houston, Texas. Home prices have climbed during the pandemic as low interest rates and working from home has become more abundant. Home prices around the country continue to surge in the second quarter as strong demand continues to overwhelm the supply of homes for sale. Nationwide, the median single-family existing-home sales price increased by 22.9% in the second quarter. (Photo by Brandon Bell/Getty Images)

Brandon Bell | Getty Images News | Getty Images

Sales of previously owned homes in November rose 1.9% from October to 6.46 million units, according to the National Association of Realtors’ seasonally…


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