After two consecutive months of increases, existing-home sales declined in the month of December, with none of the four major U.S. regions seeing a gain in sales activity.
Total existing home sales decreased 6.4 percent from November and are down 10.3 percent from a year ago, the National Association of Realtors (NAR) reported.
Read on to see what NAR’s chief economist and president had to say about the declines.
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