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US home sales rise in July, but inventory hits record (AFP via Yahoo! News)
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US home sales rise in July, but inventory hits record (AFP via Yahoo! News)
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08-26-2008, 10:39 AM #1
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US home sales rise in July, but inventory hits record (AFP via Yahoo! News)
US existing home sales rebounded modestly in July, industry data showed Monday, but a record glut of unsold homes, tightening credit and rising unemployment is pressuring any recovery in the troubled housing sector.

Posted on Mon, 25 Aug 2008 19:29:55 GMT at http://us.rd.yahoo.com/dailynews/rss/sea...0825192955

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US home sales rise in July, but inventory hits record (AFP via Yahoo! News)
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