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US home sales approach eight-and-a-half-year high, prices surge

2015-07-23 14:48:21| Real Estate - Topix.net

US home resales rose in June to their highest level in nearly 8-1/2 years, a sign of pent-up demand that should buoy the housing market recovery and likely keep the Federal Reserve on track to raise interest rates later this year. Homes are seen for sale in the northwest area of Portland, Oregon, in this file photo taken March 20, 2014.

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