Wednesday, June 25, 2014

U.S. Home Sales Post Biggest Monthly Gain in 3 Years

HOUSTON -- Sales of previously owned U.S. homes posted the best monthly gain in nearly three years in May.

The National Association of Realtors reported Monday that sales of existing homes increased 4.9 percent last month to a seasonally adjusted annual rate of 4.89 million homes. The monthly gain was the fastest since August 2011.



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