After reporting a sharp increase in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Thursday showing existing home sales pulled back by more than expected in the month of March.
NAR said existing home sales slumped by 2.4 percent to an annual rate of 4.44 million in March after spiking by 13.8 percent to a revised rate of 4.55 million in February.
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