WASHINGTON, D.C.: US existing-home sales edged higher in January, while tight inventory drove prices higher at the fastest pace since last April, the National Association of Realtors (NAR) said on Tuesday (Wednesday in Manila).
Sales of previously owned homes rose 0.4 percent to an annual rate of 5.47 million units in January, the NAR said. The December pace was slightly revised downward to 5.45 million units.
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