Sales of U.S. Existing Homes Slump to Lowest Since July 2012

Sales of previously owned U.S. homes dropped in January to the lowest level in more than a year as harsh winter weather combined with a lack of supply, tight credit and declining affordability slowed demand. Purchases (ETSLTOTL) decreased 5.1 percent to a 4.62 million annual rate last month, figu…

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Sales of U.S. Existing Homes Slump to Lowest Since July 2012

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