February home sales hit 3-year high

Mar 21, 2013 | Posted by: Mr_Bill | Full story: www.usatoday.com

Existing home sales continued to climb in February, further evidence of a continuing recovery in the housing market.

February's increase in existing home sales comes against a backdrop of rising prices and concerns about the low supply of homes for sale.

The sales rate was the highest since November 2009 when a federal tax credit was propping up home sales. January's sales rate was also revised up to 4.94 million.

Comments
1 - 3 of 3 Comments Last updated Jul 4, 2013
Makes sense

Dearborn, MI

#2 Mar 22, 2013
Just wait for Bum-Thistle to credit Republican governors or the GOP House. LOL

Otherwise, expect Bum-Thistle to whine that (A) it's bad news (B) it's not happening fast enough (C) President Obammy is golfing too much or (D) Michele is ugly.

Bum-Thistle and his other aliases are so predictable. They're so in denial.

Since: Jul 13

Chicago, IL

#5 Jul 4, 2013
Oh my God! It is going really very difficult for people who are planning to buy house for themselves and its gonna be a treat for people trying to http://www.jenniferbuyshouses.com [sell house].
QUITTNER

Toronto, Canada

#6 Jul 4, 2013
4:01 pm, Thursday, July 4, 2013:
RE:February home sales hit 3-year high
..... The system is a positive feedback system, meaning that good economic news produce an even better economy soon. Total spending per unit time will increase.

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