WASHINGTON, April 20 (UPI) -- Existing U.S. home sales rose 3.7 percent in March after dropping in February, the National Association of Realtors said Wednesday.
Total sales of single-family homes, townhomes, condominiums and co-ops rose to a seasonally adjusted annual rate of 5.1 million in the month, continuing what the NAR called "an uneven recovery" in the housing market. Sales of existing homes have risen in four of the past five months and in six of the past eight.