Midwest home sales show 8.5 percent increase in July

Sale prices of Midwest homes show smallest decline nationwide
Friday, August 21, 2009 | 5:13 p.m. CDT

KANSAS CITY — Home sales in the Midwest surged 8.5 percent in July, the second straight annual increase, as new home buyers snapped up properties to take advantage of a temporary federal tax credit, the National Association of Realtors reported Friday.

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