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> April 2009 Existing Home SalesSigns Of Life Confined To Low End Of Market...Sales of existing homes rose by 2.9 percent in April, to an annualized rate of 4.680 million units. On a year-over-year basis, sales were 3.5 percent below sales in April 2008. Inventories of existing homes for sale rose to 3.968 million units in April, so despite the increase in sales, the months supply of inventory rose to 10.2 months in April. © Mission Residential. All rights reserved.
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