Home Resales Rose 2.9% Last Month
The home-sales rose for the first time in seven months in February, as the buyer, strongly benefited from the lower prices.
Home resale rose at an annual rate of 5.03 million, representing an increase of 2.9% are not Jan’s revised 4.89 million annual pace, the National Association of Realtors on Monday. The last time, turnover rose in July.