NAR reports fall in US home sales in May

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NAR reports fall in US home sales in May

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06-22-2010, 10:43 PM

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NAR reports fall in US home sales in May

The National Association of Realtors (NAR) has today revealed a surprise drop in sales of previously owned homes in the US for the month of May, despite the Government tax credit designed to entice homebuyers.The industry body said sales fell 2.2% in May to an annual rate of 5.66 million units, up from a revised [...]

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