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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: NAR

NAR stories: 1 news summaries

Home Resales Slump in June as Mortgage Rates Spike

Inventories are down; prices jump

Jul 25, 07 1:57 PM CDT
(Newser) - Sales of existing homes dropped in June to a 5-year low because of rising mortgage rates and stricter lending standards. Home resales dipped 3.8% from a 5.98 million annual rate in May to a 5.75 million rate now. "The housing recession looks far from over,"... More »

MORE ABOUT:
housing market • homes • mortgage • recession • houses • resales • economist • US economy • Freddie Mac • quarters • NAR

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