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Record January for existing home sales as rates edge up
Existing single family home sales rose 0.8 percent in January to a seasonally adjusted annual rate of 5.07 million, driven by strength in the Northeast and West. The national median price climbed to 131,700, up 4.4 percent from a year earlier, with analysts predicting solid activity through spring despite higher mortgage rates.
MENTIONED IN THIS ARTICLE
Washington
National Association of Realtors
Inter
Sharon A. Millett
Association
Freddie Mac
South
Midwest