Existing home sales soar in March

Shared by Henry
US Home Sales improve in all aspects, including home price index, inventory, and sales. We should see similar news in the New Home Sales report on Friday. This could lead to a possible “buy on rumor” market sentiment.
Existing home sales jumped 6.8% in March, with home buyers racing to get a tax credit that expires in April, according to a real estate industry report released Thursday.