Existing home sales increased 4.0% in November to a seasonally adjusted 4.42 million-unit rate, after a downwardly revised 4.25 million unit rate in October, the National Association of Realtors (NAR) announced Wednesday. NAR announced its benchmark revisions.

Economists polled by Thomson Reuters predicted 5.05 million sales.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.