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U.S. home sales slump in Oct. as higher prices weigh on buyers

2015-11-23 21:32:01| Real Estate - Topix.net

WASHINGTON Fewer Americans bought homes in October, a sign that rising home values may be pushing more would-be buyers to the real estate market's sidelines. The National Association of Realtors said Monday that sales of existing homes fell 3.4 percent last month to a seasonally adjusted annual rate of 5.36 million.

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