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Existing-Home Sales Plunge, Setback for Housing Recovery
 Sales of previously owned U.S. homes fell unexpectedly sharply in February and prices touched their lowest level in nearly nine years, implying a housing market recovery was still a long off.The National Association of Realtors said Monday sales fell 9.6 percent month over month to an annual rate of 4.88 million units, snapping three straight months of gains. Unexpectedly! (man... if I had a dollar for every time I heard that, I could fill up my gas tank on my Hummer) Posted by: DarthVader 2011-03-21 |
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