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Existing Home Sales Renew Declines Existing Home Sales Renew Declines
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Old 04-22-08, 07:47 PM
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Lightbulb Existing Home Sales Renew Declines
Sales of existing homes declined to an annual pace of 4.93M homes, with single-family residences leading the declines. Months’ supply of homes moved higher to 9.9 months, while actual inventories moved up to 4.06M units. Inventory has been sticky in the existing market this year; a correction is still a...

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