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Existing home sales jump 5.1 percent in May

from USA Today

Existing home sales bounced up at the highest pace in nearly six years in May, resuming improvement in the housing market after an unexpected decline in April. Sales rose 5.1 percent to a seasonally adjusted annual rate of 5.35 million preconstructed homes, condos and co-ops last month, up from April's 5.09 million, the National Association of Realtors said recently. more


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