Biz: Home sales, once looking weak, made a huge March jump
- 27% increase in new home sales in March
- four number of months of declines prior to the leap
- 1963 the last time home sales rose this much source
- » But why? Credit a tax break that’s about to expire and weather that sucked less than it did in February (when home sales hit a record low). The strange part? The tax break had been in effect each of the four months prior, when home sales weren’t so hot.