After reporting a sharp pullback in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Wednesday showing existing home sales saw further downside in the month of March.
NAR said existing home sales slumped by 2.7 percent to an annual rate of 5.77 million in March after plunging by 8.6 percent to a downwardly revised rate of 5.93 million in February.
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