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U.S. Existing Home Sales Rebound Much Less Than Expected In April

After reporting a sharp pullback by U.S. existing home sales in the previous month, the National Association of Realtors released a report on Monday showing existing home sales rebounded by much less than expected in the month of April.

NAR said existing home sales crept up by 0.2 percent to an annual rate of 4.02 million in April after plunging by 2.9 percent to a revised rate of 4.01 million in March.

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by RTTNews Staff Writer

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