WSJ NEWS ALERT: Home Resales Jumped 6.8% in March
Existing-home sales rose 6.8% in March, slightly more than economists had expected, to a 5.35 million annual rate. First-time buyers purchased 44% of all homes, lured by the government’s tax-credit program. The supply of unsold homes fell to eight months, down from 8.5 in February.
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Posted on 04/22/2010 in homes sales
