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“A housing recession”: Existing home sales hit 6-month slide

1 month ago   |   By The Real Deal New York

Government officials have been loath to declare the country in a recession. In the housing market, however, some economists believe existing home sales are already there. Existing home sales dropped for the sixth consecutive month in July, according to a report from the National Association of Realtors. The half-year streak marks the longest period of consecutive drops in eight years. Home sales fell 5.9 percent from June to July, clocking in last month at a
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