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LATEST US DATA

Existing home sales in May climb to 5 1/2-year high

Tuesday, June 23, 2015 - 05:50

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Previously owned US homes sold in May at the fastest pace since November 2009, driven by first-time buyers and indicating budding momentum in the residential real estate market.

Washington

PREVIOUSLY owned US homes sold in May at the fastest pace since November 2009, driven by first-time buyers and indicating budding momentum in the residential real estate market.

Closings on existing properties, which usually occur a month or two after a contract is

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