Dados EUA: Existing home sales set record

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Existing home sales set record

Sales top forecasts to 7.33 million annual rate; prices post biggest jump in nearly 25 years.

July 25, 2005: 10:07 AM EDT

NEW YORK (CNN/Money) - Existing home sales hit a new record in June, as the latest reading of the real estate market out Monday was stronger than Wall Street expectations.

The National Association of Realtors reported that sales of existing homes came in at an annual pace of 7.33 million homes in June, compared with the 7.13 million pace in May. Economists surveyed by Briefing.com had forecast that sales would remain little changed at the 7.15 million pace in June.

The national median existing-home price for all housing types was $219,000 in June, up 14.7 percent, the biggest year-over-year jump since November 1980. The median price is the point at which half the home sell for more and half sell for less.