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Weekly Housing Market Update: Scales Tip in Favor of Sellers as Existing-Home Sales Rise

https://www.realtor.com/news/trends/weekly-housing-market-update-december-20
More homebuyers are finally coming off the sidelines, tipping the housing market in favor of sellers. This week, [existing-home sales ticked up](https://www.realtor.com/news/real-estate-news/existing-home-sales-november-nar/) to a six-month-high pace of 4.15 million, increasing about 4.8% from October. The November sales figure, which excludes new construction, represented a 6.1% jump from one year ago. It’s the largest year-over-year gain

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