U.S. home sales post 12th straight monthly drop; house price inflation slows
By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales dropped to the lowest level in more than 12 years in January, but the pace of decline slowed, raising cautious optimism that the housing market slump could be close to reaching a bottom. The report from the National Association of Realtors on Tuesday also showed …
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