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Aug. 24 (Bloomberg) — Robert Dye, senior economist at PNC Financial Services Group Inc., talks with Bloomberg’s Mark Crumpton about July U.S. existing home sales and the outlook for the housing market. Sales of previously owned homes plunged 27 percent in last month, twice as much as forecast, to a 3.83 million annual pace, figures from the National Association of Realtors showed today. (Source: Bloomberg)
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Video: PNC’s Dye Says U.S. Home Prices May Fall Another 5%-10%: Video
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