U.S. Existing-Home Sales Fell in May to 6-Month Low

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June 21 (Bloomberg) -- Sales of existing U.S. homes decreased in May to the lowest level in six months. Purchases of existing homes fell 3.8 percent to a 4.81 million annual pace last month, in line with the 4.8 million median estimate in a Bloomberg News survey of economists, data from the National Association of Realtors showed today. Margaret Brennan and Michael McKee report on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)

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