Existing Home Sales Post Biggest Gains in Nearly 3 Years

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A sign is posted in front of a home for sale in San Rafael, Calif., on Sept. 28, 2021. Justin Sullivan/Getty ImagesAlong with holiday presents, Americans were buying more homes in December, according to a Jan. 14 report from the National Association of Realtors (NAR). Last month’s overall sales of existing homes grew 5.1 percent month-over-month, representing the strongest growth in almost three years.Year over year, December also represented a 1.4 percent increase in sales.

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