Existing Home Sales Beat Expectations

“Existing home sales for February were up 0.8 percent month-over-month in February, to an annual rate of 4.98 million.

This missed expectations for a 1.6 percent rise to an annual rate of 5 million.

January’s reading was revised up to reflect a 0.8 percent rise in sales to an annual rate of 4.94 million….”

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