Wednesday, 22 February 2012

Existing home sales at 1-1/2 yr-high, supply falls

WASHINGTON (Reuters) - U.S. home resales surged in January to a 1-1/2 year high and the supply of properties on the market was the lowest in almost seven years, pointing to a nascent housing recovery.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/sh75okfPfKI/us-usa-economy-housing-idUSTRE81F0UU20120222

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