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Existing home sales hit 9-year high

Published Wed, Jun 22, 2016 · 09:50 PM
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Washington

US home resales rose in May to a more than nine-year high as improving supply increased choice for buyers, suggesting that the economy remains on solid footing despite a sharp slowdown in job growth last month.

The National Association of Realtors said on Wednesday that existing home sales increased 1.8 per cent to an annu…

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