Existing home sales in the U.S. increased by 1.1% to 5.57 million homes in June compared with the previous month based on the annual rate, according to the National Association of Realtors. The figure peaked since February 2007. Labor market strengthening, the expectation of increase in salaries and stock markets recovery allow the U.S. residents to take advantage of record-low interest rates on mortgages and buy homes.
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