Pending Home Sales, February | featured news

(Image from article: "Sharp Rise in U.S. Home Sales in February")

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Pending home sales up unexpectedly in Feb.

Pending sales of previously owned U.S. homes unexpectedly rose in February, a trade group said on Monday, pointing to a modest pick-up in home sales.

Sharp Rise in U.S. Home Sales in February

The wobbly housing market is showing a rare sign of strength: pending home sales were up significantly in February, a report released Monday said, suggesting that Americans took advantage of a tax credit for home buyers.

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