housing market

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Housing Sales Plunge In March
Housing
Sales Plunge
In March

Housing Sales Plunge In March

Oversupply and tightened lending hit hard in already-weak market

(Newser) - Sales of previously occupied homes fell 8.4 percent in March, marking the biggest monthly drop since 1989 and ending hopes for a spring rebound. The new National Association of Realtors numbers reflect an oversupply of homes, lenders subdued by the sub-prime crisis, and bad winter weather, the Wall Street ...

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