Existing home sales fall to 6-month low

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your home lost about 5% of its value from this time last year, which is better than expected: Existing home sales dropped nearly 4% from last year to the lowest rate since last November. Economists polled by Reuters had expected sales to drop 5.9 percent to a 4.80 million-unit pace from the previously reported 5.05 million-unit rate. When a 4% decrese in sales is "better than expected" you know the economy is in real trouble via americanthinker.com image via break.com

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