By Reuters
Sales of new homes fell in February, but a jump in prices to their highest level in eight months kept hopes alive of a recovery in the housing market.
The Commerce Department said on Friday sales slipped 1.6 percent to a seasonally adjusted rate of 313,000 units. January's sales pace was revised down to 318,000 units from the previously reported 321,000 units.
Sales for November and December were revised up a bit.
click on link above to read more:
The Commerce Department said on Friday sales slipped 1.6 percent to a seasonally adjusted rate of 313,000 units. January's sales pace was revised down to 318,000 units from the previously reported 321,000 units.
Sales for November and December were revised up a bit.
click on link above to read more:
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