Existing-home sales were up 5.6% in November over October

12/23/2010 | USA Today

Sales of existing homes increased 5.6% in November compared with October in the latest housing data. Housing demand has improved after hitting bottom in July. New-home sales figures for last month are expected to show a strengthening market, according to IHS Global Insight. However, issues remain, as homebuilders and economists say that 2011 will be another difficult year for the market.

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