Home sales accelerated in June
Tuesday, July 22, 2014 3:41 PM
Sales of existing homes rose last month to the fastest pace in eight months, according to the National Association of Realtors, Reuters reported. Sales increased 2.6 percent in June to an annual rate of 5 million units. The average existing home sold last month after being on the market for 44 days, marking the sixth straight month in which that rate had declined.