November Home Sales Better Than Expected (XHB)
November existing home sales rose to 4.68 million, versus expectations of 4.65 million. This is a rise of 5.6% month over month, greater than what analysts had expected.
The median home price in the month of November was $170,600.
Shares of SPDR S&P Homebuilders ETF (NYSE: XHB) are up 1 cent to $17.57.
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Posted-In: Existing Home SalesSector ETFs Economics ETFs
