The Traderszone Network

Published in TZ Latest News 21 August, 2014 by The TZ Newswire Staff

U.S. existing home sales rise at fastest pace in 10 months

The National Association of Realtors said on Thursday existing home sales increased 2.4 percent to an annual rate of 5.15 million units. Home resales dropped in the summer of 2013 after the Federal Reserve signaled it would dial back its monetary stimulus for the economy, pushing mortgage interest rates higher.