| From Fortune: Americans purchased homes at a surprising clip in April, but don't let that fool you into thinking the housing market is back. Although economists were expecting a month-over-month increase of 5.5%, the National Association of Realtors reported yesterday that sales of previously owned homes rose an unexpected 7.6%.
That continued a yearlong rise in housing activity and marked the highest number of sales recorded since November of last year..............................................Full Article: Source
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