Tuesday, November 22, 2016

WRAPUP 2-U.S. existing home sales race to more than 9-1/2-year high

WASHINGTON, Nov 22 (Reuters) - U.S. home resales rose in

October to their highest level in more than 9-1/2 years as

homebuyers, buoyed by an improving labor market, took advantage

of still-low mortgage rates to snatch up properties after many

were shut out during the busy summer selling season.

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