2012-10-19 — bloomberg.com
Sales of previously owned U.S. homes held near a two-year high in September, restrained by a lack of supply that is pushing prices higher.
Purchases of existing houses, tabulated when a contract closes, decreased 1.7 percent to a 4.75 million annual rate, matching the median forecast of economists surveyed by Bloomberg, figures from the National Association of Realtors showed today in Washington. The median prices from a year earlier jumped by the most since 2005 as inventories dwindled.
And from Reuters:
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