U.S. Home Sales Climb at Fastest Pace in 10 Months

U.S. Home Sales Climb at Fastest Pace in 10 Months

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downsized-home.jpgSales of previously owned U.S. homes rose at their fastest pace in nearly six years in February, data showed on Monday, providing some good news for the recession-hit economy.

They rose 5.1 percent for the month: “The buyers are just seeming to come out of nowhere … We’ve had a long dry spell, but it seems to be over.”

(Read more in Reuters)

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