All regions except for the West saw a jump in sales activity last month.
The total housing inventory fell 7.2% to 1.7 million homes available for sale, 9.7% lower than last November and the 30th consecutive month of year-over-year decline.
The multi-year streak of rising prices and falling inventories also continued, adding to concerns about affordability for would-be homeowners, the National Association of Realtors said in the monthly report.
"The greater home sales will stoke the fires for stronger economic growth next year as consumers spend more to furnish their new homes with new appliances and furniture and all the decorations and trimmings", said Chris Rupkey, chief economist MUFG in NY.
"The near-record number of home sales in November continues to show that buyer enthusiasm remains strong even in the face of ongoing price growth", said Duncan R. MacKenzie, CEO of the New York State Association of REALTORS. The median sale price for those homes rose 4.2 percent to $200,000 from November 2016. The median existing home price was $248,000, up 5.8% from November 2016 ($234,400).
Looking at other details in the report, total months of supply dropped to 3.4, lowest in the history of the series dating back to 1999.
"We expect further increases in sales in 2018, although tax reform is likely to modestly reduce demand at the high end (as well as to lower prices for high-priced homes)", he said. All-cash sales rose marginally, to 22 percent, up from 20 percent in October.
First-time buyers were 29 percent of sales in November, which is down from 32 percent in both October and a year ago, the NAR report said.
The hottest metro areas in November were San Jose-Sunnyvale-Santa Clara, Calif.; Vallejo-Fairfield, Calif.; San Francisco-Oakland-Hayward, Calif.; San Diego-Carlsbad, Calif.; and Stockton-Lodi, Calif.
Existing-home sales moved higher for the third straight month in November and reached their strongest pace in nearly 11 years, while new construction of single family homes surged to a 10-year high, according to two new reports.
Economists had forecast home sales rising 0.9% to a 5.52-million-unit rate in November from a previously reported 5.48-million-unit pace in October.
Sales rose last month in the Northwest, Midwest and South.
The loss, reported in US currency, included $149 million in expenses after BlackBerry lost an arbitration of a dispute with Nokia. Analysts on average had expected a break-even quarter on an adjusted earnings-per-share basis, according to Thomson Reuters.
However, it attracted negative reviews and performed poorly at the box office and the two sequels were not released in cinemas. The Hasbro-verse branches out even further with an unspecified release date reservation of October 1, 2021.
AR+ will be available on iPhone 6s and newer iPhones, iPad 5th generation and newer iPads, and all iPad Pro models. You'll have an easier time catching the Pokemon, too, since the capture circles will be larger the closer you get.
It added: "Everyone that knew him, knew that he never hesitated to try something new, always pushing things to their limits". The couple's prank videos usually contained innocent tricks, such as Perez giving Ruiz a doughnut covered in baby powder.
The fact that these sketches were leaked points to the improbability that Inbal Dror would be chosen to design Markle's dress. Not only does it have an A-line design with a skirt that flows from the hips, but it also has elegant long sleeves.
Former Defence Secretary Sir Michael Fallon and ex-International Development Secretary Priti Patel both stood down in November. Green was appointed in the wake of her disastrous bet on a June snap election which lost her party its majority in parliament.
Foodpanda's business is facing intense competition from Swiggy , which is backed by Naspers, Zomato , UberEats and Google Aero. But the company shut down its operation in 2016, less than a year after operating in a handful of tier-one cities.
She has landed assignments like Nordstrom's holiday shoe collection and Kenneth Cole's Courageous Class campaign also. While tampons are largely considered safe by health experts, there is a risk of TSS when using them.
It was only when the Gibsons were preparing for the transfer that a doctor told them that they were about to set a world record. Emma, who was frozen on 14 October 1992, was thawed on 13 March this year and implanted into Mrs Gibson.
Originally, Disney said the attraction would reopen in late June, ahead of the Independence Day holiday. The attraction had been closed since January 17th - three days before president trump's inauguration.
AT&T has said it plans to spend about $22 billion in capital expenditures in 2017, largely on its networks and video services. The company said if President Donald Trump signs the bill before Christmas, the bonuses will be paid over the holidays.
But it will be turning much colder with highs going from near 40 Christmas Day to the middle 30s early next week. The good news is that low temperatures will only fall to the low 50s so frozen precipitation won't be an issue.
Passengers from two of its ships, the Celebrity Equinox and Serenade of the Seas, were among ones injured in the crash. Embassy in Mexico City confirmed only that there were "multiple" American deaths and several injuries.
Catherine : Full Bodywill again star Vincent, who's caught in the middle of several very different women named Catherine . Atlus' cult PS3 hit Catherine is being remade for the PS4 and PlayStation Vita , the publisher announced today.
The player is a vocal supporter of Fethullah Gulen, the US -based cleric blamed by Turkey for last year's failed military coup. Kanter, who has previously compared Erdogan to Adolf Hitler, lives in the United States and will be tried in absentia.
It's important to note that Youbit was just a small exchange that handled small volumes in South Korea's surging bitcoin scene. While hot wallets offer greater convenience, they also put funds at greater risk because they are connected to the internet.
General Motors accounts for 1.0% of Janney Capital Management LLC's portfolio, making the stock its 28th biggest holding. The stock of General Motors Company (NYSE:GM) has "Overweight" rating given on Friday, October 13 by Barclays Capital.
Simonds said she was optimistic that lawmakers could reach compromise and get things done in Richmond despite a split chamber. The court's decision leaves the race for the 94th District tied at 11,608 votes each for Yancey and Simonds.
The House Intelligence Committee is interviewing a number of high-profile witnesses this week, according to the Boston Globe . The Senate Judiciary Committee requested all communications with Stein from Donald Trump Jr .in July.
Two claims were simply categorized as "retaliation" while the rest were focused on racial, age or disability discrimination. In addition, some lawmakers have secretly paid settlements from their office budgets.
After Donald Trump gave his view on the Washington Post story about Neil Gorsuch , critics wasted no time responding. Gorsuch, before his confirmation, was rated as being to the right of Scalia. "And you were so kind to recognize Mrs.
The source continued and said that Bieber's trying to change so that the family will come to accept him as part of Gomez's life. According to the top entertainment site, Mandy is giving Selena space to figure out what she wants.
Planz has coached Elmhurst College, which as a Division III program can't offer athletic scholarships, for the last four seasons. He's considering College Football Playoff participants Clemson, Georgia and Alabama in addition to SC and Virginia Tech.