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U.S. Home Sales Fall

U.S. sales of new single-family homes in April 2019 were at a seasonally adjusted annual rate of 673,000, 6.9% below the revised March rate of 723,000, but 7% above the same month in 2018.  The seasonally adjusted estimate of new homes for sale at the end of April was 332,000, representing a 5.9-month supply at the current sales rate. See U.S. Census Bureau

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