Existing Homes Sold Since 2007 Revised Down by 14%

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Dec. 21 (Bloomberg) -- The number of existing homes sold in the U.S. was revised down by an average 14 percent since 2007, the National Association of Realtors reported today. Sales climbed 4 percent in November to a 4.42 million annual pace, from a revised 4.25 million rate the prior month that reflected the benchmark revisions. Michael McKee reports on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)

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