Home Business Home Sales Rebound: Bucking the Trend with a Double-Digit Increase

Home Sales Rebound: Bucking the Trend with a Double-Digit Increase

by Sonia Park
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Home Sales Rebound: Bucking the Trend with a Double-Digit Increase

Home sales in the United States surged to their highest level in a year during February, defying expectations in a market grappling with rising mortgage rates.

https://youtu.be/2tvae5b4TJw

The National Association of Realtors (NAR) reported a near 10% increase in existing home sales in February compared to January. This marks the second consecutive month of growth, signaling a potential rebound after a significant sales slump in the fall of 2023 coinciding with a sharp rise in mortgage rates.

Home sales in the U.S. rose to the highest level in a. . .

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