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April's target annual sales rate for existing homes of 5.31 million is an increase of 2.3 percent from March and 11.8 percent from April 2014, according to Auction.com. "Among the factors contributing to the jump in March's existing home sales, pent-up demand from weak sales in January and February probably played a significant role," Auction.com EVP Rick Sharga said.
Read More »April’s Forecasts for Existing Home Sales and Prices Show Housing is Gaining Momentum
