Tuesday, January 24, 2017

WRAPUP 2-U.S. home sales drop as supply tumbles to 17-year low

WASHINGTON, Jan 24 (Reuters) - U.S. home resales fell more

than expected in December as the supply of houses on the market

dropped to levels last seen in 1999, but the housing market

recovery remained intact against the backdrop of a tightening

labor market.

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