The price of a home sold in March set a new record, as inventory dwindled and sales fell - CNBC

4/20/2022 12:00:00 AM3 yearsago
by Diana Olick
by Diana Olick
March sales were 4.5% lower than the same period in 2021.
Sales of existing homes dropped 2.7% in March to a seasonally adjusted, annualized rate of 5.77 million units, according to the National Association of Realtors. February's reading was also revised d… [+2506 chars]
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