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department of commerce

department of commerce

`Great Momentum' in U.S. Housing Market, Kelly Says

4y ago


June 25 (Bloomberg) -- Margaret Kelly, chief executive officer of Re/Max LLC, talks about the state of the U.S. housing market. The Commerce Department reported that new home purchases climbed to a 369,000 annual rate in May, the most since April 2010 and up 7.6 percent from the prior month. (Source: Bloomberg)