24.02.2011 - US home sales rise, price slump points to weakness
From Reuters: Surging sales of distressed properties pushed prices for previously owned U.S. homes to a near nine-year low in January, even as they helped to lift overall sales to an eight-month high. The National Association of Realtors said on Wednesday existing homes sales climbed 2.7 percent to an annual rate of 5.36 million units, marking the third straight month of gains. Economists had expected a fall to a 5.24 million-unit pace...............................................Full Article: Source
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