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Existing-home sales plunge 27.2%Inventory of unsold homes jumps to 11-year highBy Jeffry Bartash, MarketWatch Aug. 24, 2010 |
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 WASHINGTON (MarketWatch) -- The sale of existing U.S. homes sank 27.2% in July -- the biggest one-month drop ever -- largely because of the phase-out of a federal tax credit, according to an industry trade group. Read More 
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