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U.S. Home Sales Strong in March

U.S. sales of new single-family homes in March were at a seasonally adjusted annual rate of 621,000, rising 5.8% above February and 15.6% higher than the comparable month last year at 537,000.  The seasonally-adjusted estimate of new homes for sale at the end of March was 268,000, representing a 5.2 month supply at the current sales rate.  See U.S. Census Bureau

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