Aug
24

U.S. Existing-Home Sales Drop for First Time Since February

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  • Inventory of properties decline year-to-year for 14th month
  • Purchases of homes less than $250,000 fell from July 2015

Sales of previously owned homes dropped more than forecast in July from a nine-year high, restrained by limited choices for buyers, National Association of Realtors data showed Wednesday…

U.S. Existing-Home Sales Drop for First Time Since February

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