Nov. Existing Home Sales Rise 4% to 4.42M, vs. Cons. 5.05M

December 21, 2011 10:00 AM EST
Existing home sales for the month of November come in at 4.42 million, which compares to the economist estimate of 5.05 million. The October reading was revised lower from 4.97 million to 4.25 million.

The metric was up 4% on a month-over-month basis. The Street was expecting a rise of 2.2%.


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