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U.S. home sales rose a record breaking 24.7% in July.
The new information comes from the National Association of Realtors. The bump follows June home sales which went up nearly 21%.
That's two straight months of record-breaking gains. The housing market has been one of the most resilient sectors of the economy during the pandemic.
PREVIOUS STORY: Housing prices continue to jump amid pandemic
But, market activity continues to hinge on supply, which remains low.
