Summary of the Article
The addition of roughly 1 million new jobs over the past three months has failed to make much of a dent in home-buying. Homes did sell at a rate 3.2 …[otw_is sidebar=otw-sidebar-1]
By JOSH BOAK
AP Economics Writer
WASHINGTON (AP) – U.S. home sales struck a snow drift in January, plunging to the slowest pace in nine months.
The National Association of Realtors said Monday that sales of existing homes tumbled 4.9 percent last month to a seasonally adjusted annual rate of 4.82 million.