According to a recent report, first-time buyers accounted for 31% of sales in November, indicating a positive trend for the housing market. The report highlights the increase in existing home sales, breaking a five-month decline streak. This news is significant for both industry professionals and prospective buyers, indicating a potential shift in the market dynamics.

Key Points:
– First-time buyers represent 31% of sales in November
– Existing home sales have increased for the first time in five months
– The positive trend suggests a potential shift in the housing market dynamics.

Source: Weekly Real Estate News – “Existing Homes Sales Up for First Time in 5 Months” (link provided)

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