Home sales rose in March according to National Association of Realtors. Sales of previously occupied houses rose 6.8% to a seasonally adjusted annual rate of 5.35 million last month, which is the highest since December. Low interest rates and government incentives were credited with much of the increase.
There are some worries that once the tax credit is gone, the market will not sustain. For the time being though, I will take it to be a good sign.
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Friday, April 23, 2010
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