U.S. existing-home sales decline 

Existing-home sales and prices dropped in December, the National Association of Realtors reported today, adding fuel to the trade group's argument that President Bush and Congress need to increase the conforming loan limits on mortgages backed by Fannie Mae and Freddie Mac to jumpstart home buying and help the economy avoid recession.

December sales of existing homes -- including single-family, townhomes, condominiums and co-ops -- slipped 2.2 percent to a seasonally adjusted annual rate of 4.89 million units from a pace of 5 million in November, and were 22 percent be

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