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Sales of Existing Homes Rise to Second-Highest Since 2007

2016-02-24 17:38:37| Real Estate - Topix.net

Sales of previously owned U.S. homes unexpectedly rose in January to the second-highest pace since early 2007, indicating the industry will keep prospering. Closings, which usually take place a month or two after a contract is signed, advanced 0.4 percent to a 5.47 million annual rate, the National Association of Realtors reported Tuesday in Washington.

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