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What is home sales?

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Anonymous

14y ago
Updated: 8/17/2019

An economic indicator of both the number and prices of existing single-family homes, condos and co-op sales over a one-month period. The existing home sales report is released monthly by the U.S. National Association of Realtors. It is a lagging indicator as it tends to react after a change in mortgage rates.

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Wiki User

14y ago

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