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Existing-home sales climb up the charts, gas prices increase

BY HBSDealer Staff

The latest version of the Quikrete Industry Dashboard includes updates on existing home sales from the National Association of Realtors; and gas prices from the American Automobile Association. Both are moving up.

The rebound in existing home sales were fueled by a “powerful combination of lower mortgage rates, more inventory, rising income and higher consumer confidence,” said Lawrence Yun, NAR’s chief economist.

Gas prices, on average, increased 22 cents compared to the month ago figure.

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