Markets - Market News
Existing Home Sales Drop 1.0% to 4.94M Unit Pace in December
Tuesday, January 22, 2013
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Existing home sales dropped 1% to a seasonally adjusted 4.94 million-unit rate in December, following a revised 4.99 million rate in November, the National Association of Realtors announced Tuesday.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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