WRAPUP 2-U.S. home sales surge to near two-year high; supply at record low
U.S. home sales jumped to
their highest level in nearly two years in December, the latest
indication that lower mortgage rates are helping the housing
market to regain its footing after hitting a soft patch in 2018,
though record low inventory could be an obstacle to continued
strong gains.
their highest level in nearly two years in December, the latest
indication that lower mortgage rates are helping the housing
market to regain its footing after hitting a soft patch in 2018,
though record low inventory could be an obstacle to continued
strong gains.
Posted by Reuters
