
Existing-Home Sales Rise Slightly, Despite Buyers’ Struggles With Falling Inventory
GETTY IMAGES/ISTOCKPHOTO The numbers: Existing-home sales beat analyst estimates and rose in December, even as inventory dropped once again to a record low. Total existing-home sales dropped 0.7% from November to a seasonally-adjusted annual rate of 6.76 million, the National Association of Realtors reported Friday. Compared with a year ago, home sales were up roughly 22%. “Home […]