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A now-expired homebuyer tax credit and low mortgage rates helped boost sales of previously occupied homes in April. The improvements aren't likely to last.

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Existing-Home Sales Jump On Tax Credit

Home resales rose more than expected to a five-month high in April thanks to the expiring homebuyer tax credit, an industry report said Monday. But the glut of homes on the market grew, and sales should soon slow with the end of government support.