US Existing-Home Sales Rise, Helped by Decline in Mortgage Rates

Bloomberg
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US Existing-Home Sales Rise, Helped by Decline in Mortgage Rates
Bloomberg
Written by Bloomberg
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US existing-home sales unexpectedly rose in February and the prior month was revised up. Contract closings increased 1.7% to a 4.09 million annualized rate, according to National Association of Realtors data released Tuesday. Mike McKee reports on "Bloomberg Open Interest."

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