Economic indicators including industrial production and manufacturing activity are turning positive, and the housing market is slowly improving. For the first time in five years, existing-home sales have increased for four months in a row, according to the latest survey by the National Association of Realtors®. July sales rose 7.2 percent over the previous month, and, in fact, increased 5 percent over July 2008 sales: The first monthly year-over-year increase since November 2005.
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