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February home resales jump much more than expected, despite higher mortgage rates - CNBC

The median price of a home sold in February was $398,400, up 3.8% from the same time last year.

By:Diana Olick
Source:CNBC
Published:
February home resales jump much more than expected, despite higher mortgage rates - CNBC
Sales of previously owned homes in February rose 4.2% from January to 4.26 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Industry analys… [+2304 chars]

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