Existing Home Sales Dip for Sixth Time in Seven Months

Sales of existing U.S. homes fell slightly again in February, while the median home price edged up, according to the National Association of Realtors. Total existing home sales slipped 0.4 percent last month to a seasonally adjusted annual pace of 4.60 million homes compared with a 4.62 million pace in January. Sales are also down 7.1 percent from February 2013. “We had ongoing unusual weather disruptions across much of the country last month, with the continuing frictions of constrained Read more [...]

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