http://finance.yahoo.com/news/New-home-sales-crawl-back-cnnm-2115419628.html?x=0
The Census Bureay reported an annual sales rate of 300,000 in March. While that was an 11% increase from February’s revised record low of 270.000, new home sales remained near the lowest levels ever recorded.
Compared to March of last year, the annual rate was down a staggering 21.9%.
Economists surveyed by Briefing.com were expecting a sales rate of 280,000 in March.
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