Sales of single-family existing home sales fell 4% in July after a 1% increase in June, but condominium sales were unchanged month over month, according to the National Association of Realtors (NAR).

The NAR reported Thursday morning that sales of previously owned single-family homes fell to a 4.12 million seasonally adjusted annual rate in July from a 4.29 million rate in June. The June number was revised upward by 50,000 units.

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