Pappas Realty Co... "Commercial Real Estate...Exclusively" in Northeast Ohio since 1957

Wednesday, August 23, 2006

Existing home sales off 4.1 pct. in July

By JEANNINE AVERSA, AP Economics Writer 1 hour, 25 minutes ago

WASHINGTON - House hunters shied away from buying in July, driving down sales of previously owned homes to a 2 1/2-year low. The inventory of unsold homes climbed to a record high.

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