US new home sales rose 2.1 percent in May to 476,000 annual rate, fastest pace in 5 years

June 25, 2013 at 2:20PM

WASHINGTON — US new home sales rose 2.1 percent in May to 476,000 annual rate, fastest pace in 5 years.

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Aaron Lavinsky/The Minnesota Star Tribune

New York-based investment firm Taconic Capital and developer Polaris Properties were optimistic after the 17-story west tower’s renovation completed in late 2024. But tenants were hard to land.

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