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Article updated: 3/21/2013 10:14 AM

U.S. homes sales highest in more than 3 years

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U.S. sales of previously occupied homes rose in February to the highest level in more than three years, further evidence of a sustained housing recovery that is benefiting the broader economy.

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U.S. sales of previously occupied homes rose in February to the highest level in more than three years, further evidence of a sustained housing recovery that is benefiting the broader economy.The National Association of Realtors said Thursday that sales increased 0.8 percent in February from January to a seasonally adjusted annual rate of 4.98 million.