U.S. existing-home sales rise 9.4% to 5.57 million

by reggielal on October 23, 2009

Resales of U.S. houses jumped 9.4% in September to a seasonally adjusted annual rate of 5.57 million, the highest in more than two years, the National Association of Realtors estimated Friday. Sales as tracked by the NAR are up 24% from January’s bottom, and are up 9.2% compared with a year ago.

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