Friday, August 21, 2009

US July Existing Home Sales Rise at Fastest Pace in 2 Years

Existing home sales rise 7.2%

In the strongest sign yet that US housing is pulling out of a 3 year slump the National Association of Realtors said July sales jumped 7.2% to an annual rate of 5.24Million units. The highest pace since August 2007. July's increase was the largest monthly gain since the series started in 1999.

Posted by michael shields @ 03:30 PM (538 views)
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