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02opida

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02opida

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Friday, 08/14/2009 8:33:06 PM

Friday, August 14, 2009 8:33:06 PM

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Sales of existing homes rose a seasonally adjusted 3.8% in the second quarter, compared with the first quarter, the National Association of Realtors reported earlier this week. But sales volume was still 2.9% lower than the second quarter of 2008.

"With low interest rates, lower home prices and a first-time buyer tax credit, we've been seeing healthy increases in home sales, which are a hopeful sign for the economy,

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