Pursuits
Best U.S. Home Sales Since 2007 Show Momentum in Housing Market
Homebuilders Escape Market Woes on Healthy Housing
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America’s housing market has been heating up this summer.
Purchases of previously owned homes unexpectedly rose in July for a third straight month to reach the highest level since February 2007, figures from the National Association of Realtors showed Thursday. The gain was driven by stronger sales of single-family houses even as the share of first-time buyers shrank.