Economics
U.S. Existing-Home Sales Climb for Third Time in Four Months
- Purchase pace slightly less than forecast on lean supply
- Median selling price increases 6.2% from a year earlier
This article is for subscribers only.
Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.
Sales of previously owned U.S. homes increased in October as buyers responded to falling mortgage rates, extending a recovery in the residential real estate market this year that’s providing a modest boost to economic growth.