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Sales of US existing homes slip to a 20-month low (access required)

Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers. The National Association of Realtors said April 22 that sales edged down 0.2 percent to a seasonally adjusted annual rate of 4.59 million. It was the seventh ...

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