First-Time Buyers Drive U.S. Home Sales to Best Since 2009

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(Bloomberg) -- Previously owned U.S. homes sold in May at the fastest pace since November 2009, driven by first-time buyers and indicating budding momentum in the residential real estate market. Bloomberg's Julie Hyman reports on “Market Makers.” (Source: Bloomberg)

More first-time homebuyers took the plunge in May, helping catapult U.S. sales of previously owned properties to their highest level since 2009.

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