The report on US home sales were surprisingly very strong last month.The National Association of Realtors of America says, sales of existing homes jumped 7.4 percent in November, which was much more than the 2.5 percent analysts had expected. The US Government has been encouraging home-buying with tax benefits. This news has positive impact on DOW.
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The report on US home sales were surprisingly very strong last month.The National Association of Realtors of America says, sales of existing homes jumped 7.4 percent in November, which was much more than the 2.5 percent analysts had expected. The US Government has been encouraging home-buying with tax benefits. This news has positive impact on DOW.