Pursuits
Previously Owned U.S. Home Sales Probably Climbed
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Sales of previously owned U.S. homes probably rose in February to an almost two-year high, adding to signs of stabilization in the real-estate market, economists said before a report today.
Purchases climbed 0.9 percent to a 4.61 million annual rate, the fastest since May 2010, from a 4.57 million pace in January, according to the median forecast of 77 economists surveyed by Bloomberg News. An advance would be the fourth in five months.