Home sales soar 7.2 percent in July

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Courtesy MSNBC.com: Business  Fri, 08/21/2009 - 09:22

Home resales posted the largest monthly increase in at least 10 years last month as first-time buyers rushed to take advantage of a tax credit that expires this fall.The U.S. housing market is rebounding quicker than expected, with home resales in July posting the largest monthly increase in at least 10 years.



 

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