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February Home Sales Defy Expectations with 4.2% Jump

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the staff of the Ridgewood blog

Ridgewood Nj, In a surprising turn, sales of previously owned homes rose 4.2% in February, reaching an annualized pace of 4.26 million units, according to the National Association of Realtors (NAR). Industry experts had anticipated a 3% decline, making this increase an unexpected boost for the housing market.

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