Feb pending home sales surge to 10-month high

Jump points to strong demand for housing ahead of spring selling season despite higher prices

Thu, Mar 30, 2017 - 5:50 AM

Washington

CONTRACTS to buy previously owned US homes jumped to a 10-month high in February, pointing to robust demand for housing ahead of the spring selling season despite higher prices and mortgage rates.

The National Association of Realtors said on Wednesday that its Pending...

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