US home sales ended a 4-month slide in July amid easing mortgage rates, more homes on the market
By ALEX VEIGA, AP Business Writer
Published: August 22, 2024, 7:34am
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LOS ANGELES (AP) — Sales of previously occupied U.S. homes ended a four-month slide in July as easing mortgage rates and a pickup in properties on the market encouraged home shoppers.
Existing home sales rose 1.3% last month from June to a seasonally adjusted annual rate of 3.95 million, the National Association of Realtors said Thursday.
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