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Sales of existing U.S. homes probably rose to highest level since May 2010

Posted on 23 January 2012

Sales of previously owned U.S. homes probably rose in December to the highest level in more than a year, a sign the housing market ended 2011 with momentum, economists said.
Purchases increased 5.2 percent last month to a 4.65 million annual rate, the most since May 2010, according to the median forecast of 75 economists surveyed by Bloomberg News………………………………………..Full Article: Source


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