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First-Time Buyers Gave U.S. Home Sales a Boost

June 23, 2015

First-time buyers accounted for 32 percent of transactions in May, which posted a 5.5-year high in sales activity.

Still, their share remains below the 40 to 45 percent economists and real estate experts say is required for a robust housing market, Reuters reports.

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First-Time Buyers Gave U.S. Home Sales a Boost

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June Housing Market Snapshot: Home Sales Drop Year-Over-Year While Inventory Keeps Rising

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