Realtors: U.S. home sales could drop to 5-year low

Existing home sales probably will fall 11 percent this year to a five-year low, worse than previously forecast, and new-home sales will tumble to the lowest in a decade, the National Association of Realtors said last Wednesday. New-home sales may decline 24 percent to 804,000, the trade group said in a news release. A month…

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