Americans want new homes, but not these – Breakingviews

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Americans want new homes, but not these – Breakingviews




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February 21, 2019
By Varada Bhat



Existing home sales in the United States fell in January to record levels of three years, the National Association of Realtors announced on Thursday. More unsold homes and lower mortgage rates should help the market. But the lack of starter homes means that what is available is growing out of reach.

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