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October 24, 2008 · 7:54AM

U.S. Home Sales Unexpectedly Jump 5.5%

The National Association of Realtors reported Friday sales of existing homes rose 5.5% in September, the biggest increase since July 2003, spurred by a rise in foreclosure and other “distress sales” in regions hard-hit by the housing downturn. (Reuters)

Categories: Business & Finance Today · Financial Services · Markets, Economic News

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