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Archive Home > 2009 > August > 22 > July home sales surge beyond expectations

July home sales surge beyond expectations

By Alan Zibel / The Bulletin
August 22, 2009

WASHINGTON " The U.S. housing market is rebounding faster than expected.

The question is, can it last?

Home resales in July posted the largest monthly increase in at least 10 years as first-time buyers rushed to take advantage of a tax credit that expires Nov. 30. Sales jumped 7.2 percent....

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