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U.S. home sales perking up, but for how long?

2015-03-24 12:45:50| Real Estate - Topix.net

A key measure of the nation's housing market picked up speed in February as sales of previously-owned homes climbed 1.2 percent and ran ahead of last year's pace for the fifth straight month. That's according to the National Association of Realtors, which also said the median sales price of homes sold in February jumped at its fastest pace in 12 months, up 7.5 percent from a year ago to $202,600.

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