Economics
Previously Owned U.S. Home Sales Probably Rose in January
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Sales of previously owned U.S. houses probably rose in January to the highest level since May 2010, adding to signs the housing market is regaining its footing, economists said before a report today.
Purchases climbed 1.1 percent, a fourth straight monthly increase, to a 4.66 million annual rate from a 4.61 million pace in December, according to the median forecast of 74 economists surveyed by Bloomberg News.