U.S. existing-home sales rise as properties draw quick bids

SALES OF EXISTING U.S. home continued to rise in March. / BLOOMBERG FILE PHOTO/ DERICK E. HINGLE
SALES OF EXISTING U.S. home continued to rise in March. / BLOOMBERG FILE PHOTO/ DERICK E. HINGLE
NEW YORK - Sales of previously owned United States homes rose to a four-month high as buyers, fueled by a solid job market and and tax cuts, quickly snapped up the limited number of available properties, National Association of Realtors data showed Monday. Highlights of existing-home sales (March) Contract closings advanced 1.1 percent month to month to…

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