Existing-Home Sales Surge in a Positive Sign for This Year’s Housing Market

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This year’s housing market is off to a strong start. Sales of existing homes, which exclude new construction , jumped 9.5% from January to February, according to a recent report from the National Association of Realtors®. That was the largest month-over-month increase in a year. However, sales did dip a little annually, coming down 3.3%
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