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IPFS News Link • Housing

Existing Home Sales Continue Collapse To 9-Year Lows

• Zero Hedge - Tyler Durden

Source: Bloomberg

This is the largest drop since the government's homebuyer tax credit expired in July 2010 (the two month drop is around 25% SAAR)

Source: Bloomberg

Additionally, the median home price increased 7.4% from a year earlier to $286,800.