Existing Sales Decrease for Third Consecutive Month

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Existing-home sales decreased 0.6% in June to a level 2.2% below a year ago, and sales have now decreased year-over-year for three consecutive months. The first-time buyer share of 31% was unchanged from last month, but down from 32% a year ago. The National Association of Realtors reported that 58% of homes sold in June were on the market less… Read More ›

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