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Existing Home Sales Post Fifth Straight Uptick

Sales of previously owned U.S. homes have now risen for five consecutive months. So reports Reuters.

According to the National Association of Realtors, existing home sales were up 4.3% in October, for a seasonally adjusted annual pace of 6.85 million units.

At the same time, the median existing house price jumped 15.5% from last year to $313,000, a record.

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