Surprise! Home Sales Spark Hope

Updated

Investors found a sliver of hope to line the dark clouds of the housing slump on Monday.
Investors latched onto the National Association of Realtors' upbeat tone Monday, sending the U.S. stock market higher in direct contrast to the stark data in the report, which said that sales of single-family homes and condominiums dropped by 0.4% in January to a seasonally-adjusted annual rate of 4.89 million units, the slowest pace on record since

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