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AFP News

Sales Of Existing US Homes Rise In October

United States Lawrence Yun National Association of Realtors

US existing home sales rose 2.9 percent from a year ago, the first year-on-year increase since July 2021, said the National Association of Realtors (Credit: AFP)

Sales of previously owned homes in the United States picked up in October, industry data showed Thursday, fueling hopes that a slump in the sector may be ending.

Existing home sales rose 3.4 percent last month from September to a seasonally adjusted annual rate of 3.96 million, the National Association of Realtors (NAR) reported.

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