U.S. Economy: Home Resales Fall to Nine-Year Low

Feb. 25 (Bloomberg) -- Sales of existing homes in the U.S. fell in January to the lowest level since records began nine years ago and prices slid for the sixth time in seven months, posing a threat to consumer spending, the largest part of the economy.

Read more here:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aVamiymZfK8E&refer=home

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