Tuesday, April 22, 2008

Existing Home Sales Decline 2.0% in March

Existing home sales fell more than expected in March, falling 2.0% to a seasonally adjusted annual pace of 4.93 million units, largely retracing the surprising 2.9% gain in the previous month to 5.03 million units, the National Association of Realtors (NAR) reported Tuesday. Economists were expecting the March data to deteriorate ...

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