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Market Update: Existing home sales drop 1.2%

Quicken Loans Chief Economist Bob Walters discusses today's NAR report that showed existing home sales fell 1.2% in June.

Market Update: Existing home sales up 4.2% in May

Quicken Loans Chief Economist Bob Walters discusses today's NAR survey that showed sales of previously owned homes rose by 4.2% in May.