U.S. Existing Home Sales Unexpectedly Spike To Highest Level In A Year

Existing home sales in the U.S. unexpectedly showed a sharp increase in the month of January, according to a report released by the National Association of Realtors on Friday. NAR said existing home sales spiked 6.7 percent to an annual rate of 6.50 million in January after tumbling 3.8 percent to a revised rate of 6.09 million in December.Original Article