Housing Sales Report Disappoints

Housing Market

Sales of previously owned homes in the United States dropped 0.9 percent in February, according to a report released Wednesday, lower than expected by economists. The disappointing number indicates that roughly five years after the housing bubble burst, the real estate market’s road forward remains bumpy. Many economists had thought with mortgage rates near record lows and the job market improving, existing home sales would rise, not decline. Read full article >>

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