Dwindling inventory slows sales of existing homes

04/22/2013 | USA Today · Christian Science Monitor, The

A tightening supply of existing homes in the U.S. largely was responsible for a 0.6% decline in sales between February and March, analysts say. The National Association of Realtors says existing-home sales eased to an annual rate of 4.92 million. People looking to buy increased 25% last month compared with March 2012, but houses for sale decreased 17%.

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USA Today · Christian Science Monitor, The

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