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"Home sales fell 3.5 percent last month to a seasonally adjusted annual rate of 4.67 million homes, the National Association of Realtors said Thursday. That's far below the 6 million that economists say must be sold to sustain a healthy housing market.
And this year's pace is lagging behind last year's total sales. The 4.91 million last year were the weakest sales figures in 13 years."