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Housing Market Posts Gains

Housing Market Posts Gains

cheap uggs Sales of previously owned homes were stronger than expected in October, putting them on track to hit their highest annual level since 2007.

Existing homes sold at a seasonally adjusted annual rate of 4.79 million units in October, the second-highest level of the year and up 2.1% from September, the National Association of Realtors said Monday. October's level represented a 10.9% gain from a year earlier and was the 16th consecutive month of year-over-year home-sales gains.

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