Surprise jump in U.S. home sales
March 25th, 2009Surprise jump in U.S. home sales
ALAN ZIBEL
The Associated Press
March 23, 2009 at 10:44 AM EDT
WASHINGTON — Sales of existing homes rose from January to February in an unexpected boost for the slumping U.S housing market as buyers took advantage of deep discounts on foreclosures.
The National Association of Realtors said Monday that sales of existing homes grew 5.1 per cent to an annual rate of ...