(Bloomberg) -- Copper futures fell in New York, erasing earlier gains, after a report showed sales of previously owned homes in the U.S. declined more than forecast in March to the lowest level in almost four years.
Purchases dropped 8.4 percent last month to an annual rate of 6.12 million, from 6.68 million in February, the National Association of Realtors said today in Washington. Declines in home prices in 20 U.S. metropolitan areas accelerated in the 12 months ended in February, a private survey showed today.
Read more at Bloomberg Commodities News
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