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September 26th, 2011 3:05 PM

Sales of previously owned U.S. homes were up sharply in August, a ray of light for the nation's beaten-down housing market.

The number of homes sold rose 7.7% from July and 18.6% from August 2010, when sales were depressed after the expiration of a popular tax credit for buyers, according to the National Assn. of Realtors.

Alejandro Lazo

Posted by Adam Andrus on September 26th, 2011 3:05 PMPost a Comment (0)

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