According to data released by the Census Bureau, U.S. home sales jumped 8% from July to August, hitting an annual rate of 421,000. Sales are still low when compared to sales levels in the first half of the year. Experts have suggested that home sales may fall as the year comes to a close. Additionally, the housing market is still considered to be on the right track with slowdowns and accelerations both in equal measure. More here

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Jim Crowder

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