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The Good News and the Bad News on the Housing Market

Q4 is quickly coming to a close, and it's time to talk numbers and see how the housing market has progressed. The bad news is that sales of existing homes dropped 6.1 percent in November, a six-month low. The good news is that first-time homebuyers made 31 percent of November' transactions, the biggest share since October 2012. [BisNow]