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Aug 23

Existing Home Sales Slip In July

Home resales slipped in July. According to the National Association of REALTORS┬«, Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It's the fourth straight month below the 5 million mark, and the report's lowest reading since November 2010. An "existing home" is a home that's been previously occupied or owned. In addition, the Existing Home Sales report showed home supplies rising nationwide. At the current pace of sales, in … [Read more...]