In December, total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—rose 2.2%, up from November’s rate of 4.15 million to 4.24 million. Year-over-year, December’s sales increased 9.3%, the largest year-over-year gain since June 2021. National Association of REALTORS®’ (NAR) Chief Economist Lawrence Yun commented that job and wage gains, along with increased…
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