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Existing Home Sales Drop 5.9% in July

Existing Home Sales Drop 5.9% in July The National Association of Realtors is reporting that existing home sales were down 5.9% in July to a seasonally-adjusted annual rate of 4.81 million (down 20.2% year over year).  Total housing inventory at the end of July was 1,310,000 units, up 4.8% from June and unchanged from one

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