Existing-home sales break record 

Total existing-home sales – including single-family, town homes, condominiums and co-ops – set a new record in June, increasing 2.7 percent since May, the National Association of Realtors reported today.

If sales continued at this June pace for a full year, accounting for seasonal fluctuations in sales, it would represent 7.33 million home sales, the association reported, up from a seasonally adjusted pace of 7.14 million home sales in May.

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