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U.S. home sales rose last month to the highest level since February 2007 as buyers rushed to close deals before mortgage rates increased further.
As Vietnam's first property boom crashed around him, American developer Edward Chi kept promising investors their flashy apartments were on track.
U.S. builders started work in August on the most single-family homes in six months and requested permits to construct even more in future months.
Average U.S. rates on fixed mortgages held steady this week, hovering near two-year highs. But rates could change quickly next week when the Federal ...
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