Existing home sales in the U.S. showed a modest decrease in the month of March, according to a report released by the National Association of Realtors on Tuesday, although the annual rate of sales still came in above economist estimates.
NAR said existing home sales edged down 0.2 percent to a seasonally adjusted annual rate of 4.59 million in March from 4.60 million in February. Economists had been expecting existing home sales to drop to an annual rate of 4.56 million.
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