December 31, 2007

Existing home sales edge up from record low (Reuters)

Construction work continues on new homes in Carlsbad, California September 18, 2007. (Mike Blake/Reuters)Reuters – The pace of existing U.S. home sales
edged up in November from a record low, according to a report
on Monday that offered some tentative signs of stabilization in
the still-ailing housing market.

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