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Builder Magazine: Existing-Home Sales Turn Around in July

August 22, 2012

...Despite the improvement, however, the monthly sales numbers were still the second lowest seen this year—a lackluster pace that Gary Painter, director of research at the USC Lusk Center for Real Estate, attributes to lagging job growth. "As long as the job market is not going gangbusters, you're going to see a relatively slow recovery," he said...

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