Existing home sales rise, contracting issues prevent full rebound

Existing home sales rise, contracting issues prevent full rebound: Existing home sales increased 13.5% in October when compared to a year earlier and would be even higher if contract failures and cancellations plaguing the loan application process could subside, the National Association of Realtors said Monday.
Total existing home sales — including single-family townhomes, condominiums and co-ops — rose to a seasonally adjusted annual rate [...]
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