WASHINGTON — Existing home sales dropped 2.6% in June andjobless claims increased last week, according to data releasedtoday.

In June, there were 4.86 million existing homes sold, comparedwith 4.99 million in May, according to the National Association ofRealtors. Sales of single-family homes fell 3.2% while condominiumsales were up $1.7%. The median home price rose by 3.5% in June to$215,100, but that figure represented a 6.1% drop from June2007.

Year-over-year sales declined 15%.

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