Existing-home sales in April neared annual pace of 5M

05/22/2013 | Reuters · National Mortgage Professional

Sales of previously owned homes in the U.S. increased by 0.6% last month, to an annual rate of 4.97 million, the biggest number since November 2009, according to the National Association of Realtors. Compared with April 2012, sales increased 9.7%. Homes that were on the market less than a month accounted for 44% of sales.

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Reuters · National Mortgage Professional

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