US home sales fall 1.7 percent with prices high and supply low

U.S. home sales tumbled 1.7 percent in June, with rising prices and a scarce supply locking out many Americans from ownership. The National Association of Realtors said Tuesday that homes were sold last month at a seasonally adjusted annualized rate of 5.27 million units. Sales have shriveled 2.2 percent over the past 12 months, despite such ...

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US home sales fall 1.7 percent with prices high and supply low

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