Comment on Home sales drop 2.7 percent in August

Home sales drop 2.7 percent in August

By ALAN ZIBEL Home resales dipped last month after a four-month streak of gains, providing evidence that the housing market recovery remains fragile.The National Association of Realtors says sales dropped 2.7 percent to a seasonally adjusted annual rate of 5.1 million in August, from a pace of 5.24 million in July.

 

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