Feb. 22 (Bloomberg) -- Stan Humphries, chief economist at Zillow Inc., talks about U.S. existing-home sales, which rose in January to the highest level since May 2010.
Purchases climbed 4.3 percent to a 4.57 million annual rate, less than forecast, from a revised 4.38 million pace in December that was slower than previously estimated, a report from National Association of Realtors showed today in
Washington. Humphries speaks on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)