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The Economic Times News

Business / The Economic Times

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US existing home sales edge up in November as mortgage rates ease

U.S. existing home sales saw a modest increase in November, driven by easing mortgage rates. However, economic uncertainty and a shrinking inventory of homes for sale are keeping potential buyers hesitant. Despite a slight uptick in sales, the housing market faces significant headwinds, with affordability and labor market concerns limiting a stronger recovery.

20 Dec 2025 2:45 pm