India, Oct. 13 -- Existing home sales in the U.S. unexpectedly increased in the month of September, according to a report released by the National Association of Realtors on Tuesday.
NAR said existing home sales jumped by 1.5 percent to an annual rate of 3.99 million in September after plunging by 3.2 percent to a downwardly revised rate of 3.93 million in August.
Economists had expected existing home sales to dip by 0.5 percent to an annual rate of 3.96 million from the 3.98 million originally reported for the previous month.
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