Home sales see biggest gain since July 2003 (Reuters)

anchorman wrote this mid-morning:

A house for sale in California in a file photo. (Erin Siegal/Reuters)Reuters - Sales of previously owned U.S. homes rose 5.5 percent last month, the biggest gain since July 2003, and the inventory of unsold homes fell, a hopeful sign for a housing market mired in a long slump.


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