WASHINGTON, Sept. 22 (Xinhua) -- U.S. existing home sales in August surged to their highest level in nearly 14 years as historically low mortgage rates continue to boost the housing market, the National Association of Realtors (NAR) reported on Tuesday.
Total existing home sales rose 2.4 percent from July to a seasonally adjusted annual rate of 6 million units in August, the highest level since December 2006, the NAR said.
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