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News from The Associated Press, and a taste of the great journalism produced by AP members and customers.

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    The Associated Press‏Verified account @AP 24 Jul 2020

    Sales of new homes rose a sharp 13.8% in June, the second straight monthly increase. Still, sales remain roughly 20% below pre-pandemic levels.http://apne.ws/7qDhWQy 

    7:23 AM - 24 Jul 2020
    • 25 Retweets
    • 75 Likes
    • suzanna talo LaDonna Bruce Shreyas Yuri Kageyama Favour oguzie Ramen (they/she) Helen SeaGull 𝔒𝔡𝔦𝔯𝔞𝔠𝔥𝔲𝔨𝔴𝔲𝔪𝔪𝔞 𝔈𝔟𝔢𝔩𝔢 🔥 Churchill Properties
    14 replies 25 retweets 75 likes
      1. New conversation
      2. ABlueDot  🇺🇸 🇺🇸 🇺🇸 🌊 🌊‏ @nmlynneheart 24 Jul 2020
        Replying to @AP

        All this is that people who have money see an opportunity while interest rates are low....in the meantime most of Americans are spending more then half of their inc on housing and can’t afford a $400 emergency

        1 reply 0 retweets 3 likes
      3. Show replies
      1. New conversation
      2. ☭ satanic wisdom  👁 👄 👁‏ @ragingstormz 24 Jul 2020
        Replying to @AP

        That is some word fuckery to say it “rose but below pre-pandemic” this is why people hate journalists

        2 replies 0 retweets 3 likes
      3. Joey Bagadonuts‏ @AmericanGr8ness 24 Jul 2020
        Replying to @ragingstormz @AP

        They cannot write a positive article. They have to make it negative even if it's good news.

        1 reply 0 retweets 0 likes
      4. Show replies
      1. gunk‏ @doomgunk 24 Jul 2020
        Replying to @AP

        lazy “reporting”. who’s buying them? why? when did the newly purchased houses become available and why? where were these houses purchased? how expensive were they? this is just a useless statistic that tells us nothing.

        0 replies 0 retweets 1 like
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      1. Friendly Hills/ #AMC Ape‏ @WhittierScanner 24 Jul 2020
        Replying to @AP

        In LA/OC there is no inventory in certain price points. Bidding wars are very common again.

        0 replies 0 retweets 0 likes
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      1. Ken Shoryu 升龍拳 ✊‏ @i_am_not_ken 24 Jul 2020
        Replying to @AP

        Foreign money.

        0 replies 0 retweets 0 likes
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      1. Carol Livingston‏ @clivingsbkk 24 Jul 2020
        Replying to @AP @Kris_Sacrebleu

        "...where they will remain for the foreseeable future." What percent of these sales are corporate buys?

        0 replies 0 retweets 0 likes
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      1. Bill Overdue‏ @BillOverdue3 24 Jul 2020
        Replying to @AP

        Homes for who? Poor, middle class, or the big dogs with all the money?

        0 replies 0 retweets 0 likes
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