Home Sales Pick Up in the West

Summary


Home sales in the West showed modest gains in January, as buyers latched onto government tax incentives and still-low interest rates.

The modest annual increase benefited from an easy comparison to January 2009 sales, which cratered in the wake of the U.S. financial crisis.

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Extract


Home Sales Pick Up in the West

Nationally, sales rose 7percent from January last year, without adjusting for seasonal factors, the National Asso...

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