WASHINGTON, Jan. 22 (UPI) -- U.S. sales of existing homes slowed in December, but were up from December 2011 and total sales for 2012 reached a five-year high, a trade group said Tuesday.
Existing-home sales dropped 1 percent month to month to a seasonally adjusted annual rate of 4.94 million from a downwardly revised annual rate of 4.99 million in November.