Existing Home Sales Fall to 1-Year Low

It’s been a year since the annual rate of existing home sales was as low as it was last month. Hurricane-affected areas are expected to weaken next year.

The sale of 535,000 existing U.S. single-family homes, townhomes, condominiums and co-operatives was completed during August 2017.

That brought the number of pre-owned residential property sales from Jan. 1 through the end of August of this year to 3.739 million transactions.

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From:: Financing