Existing home sales rose 1.2% in October from the previous month to a seasonally adjusted annual rate of 4.10 million units, the  said Thursday.

Sales climbed 1.7% compared with October last year. The latest sales figure topped the roughly 4.09 million pace economists were expecting, according to FactSet.

October’s home sales were likely limited by the federal government shutdown, which could have delayed some transactions that would have closed last month.

 

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