Sales of previously owned U.S. homes fell 3.7% in February

SALES OF previously owned U.S. homes declined in February after rising a month earlier to the highest level in a decade, according to figures released Wednesday from the National Association of Realtors in Washington. / BLOOMBERG NEWS PHOTO
SALES OF previously owned U.S. homes declined in February after rising a month earlier to the highest level in a decade, according to figures released Wednesday from the National Association of Realtors in Washington. / BLOOMBERG NEWS PHOTO
WASHINGTON - Sales of previously owned U.S. homes declined in February after rising a month earlier to the highest level in a decade, according to figures released Wednesday from the National Association of Realtors in Washington. Key points Contract closings dropped 3.7 percent to a 5.48 million annual rate (forecast was 5.55 million). The median…

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