Tuesday, April 24, 2007

Home Resales in U.S. Probably Fell Last Month, Delaying Housing Recovery

(Bloomberg) -- Home resales in the U.S. probably fell in March to the lowest in three months, delaying housing's recovery from a slump that's shown some signs of reaching bottom.

The National Association of Realtors may report home resales fell 4.3 percent last month to a 6.40 million annual rate, according to the median forecast in a Bloomberg News survey of 65 economists.


Read more at Bloomberg Bonds News

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