Economic News

Pending home sales rise in February

WASHINGTON - Pending U.S. home sales rose in February from a record low a month earlier as buyers took advantage of deeply discounted prices and low interest rates, the National Association of Realtors said Wednesday.
The real estate group said its seasonally adjusted index of pending sales for previously occupied homes rose 2.1 percent — in line with expectations — to 82.1 in February from January's record low of 80.4.
Top Business blogs Top Blogs