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U.S. home sales see record drop
Posted
June 28, 2024
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June 28, 2024
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2:55Now PlayingSales of new single-family homes dropped by 11.3% in May, according to a new report from the U.S. Commerce Department, and the National Association of Realtors says home contract signings have hit a record low. Daryl Fairweather, chief economist for Redfin, joined CBS News to discuss the drop in sales.
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