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- U.S. new home sales show modest rebound in March
U.S. new home sales show modest rebound in March
After
reporting a sharp drop in new home sales in the previous month, the Commerce
Department released a report on Tuesday showing a relatively modest rebound in
sales in the month of March.
The report
showed that new home sales rose 1.5 percent to an annual rate of
The monthly
increase in new home sales in March came after sales tumbled 7.6 percent in
February from a four-year high of
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