February's 2.9% rise surprises analysts; median price tumbles unprecedented 8.2%
(Newser) -
Existing home sales stunned Wall Street today with an unexpected spike, Bloomberg reports. The metric rose 2.9% in February to an annual pace of 5.03 million. Analysts had predicted yet another decline, to a 4.85 million pace. But one economist said this was only a “temporary...
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