Home sales fall in November
Home sales fell in November for the third straight month.
Indicating that higher mortgage rates are halting the housing recovery.
A new report from the National Association of Realtors showed that sales of previously owned-homes slipped one-point-two percent to a rate of 4.9 million homes sold.
Analysts say besides mortgage rates, tight supply of homes for sale and tight credit are other factors contributing to slowing sales.