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Homebuyers sign on dotted line to bolster US housing rebound

from Bloomberg

The U.S. housing recovery is thriving, and home sellers have the signed contracts to prove it. A measure of pending sales of previously owned properties increased 0.9 percent in May to 112.6, the highest since April 2006, after a revised 2.7 percent advance in the previous month, the National Association of Realtors said recently in Washington. more


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