The Numbers Are In: Home Sales Dropped In March, The NAR Says

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As the coronavirus courses through the now decelerated U.S. economy, the real estate industry finally has official data to confirm what many experts had already anticipated: home sales have slowed down.

According to the National Association of Realtors, while year-over-year sales are up nearly 1%, the seasonally adjusted annual rate of existing home transactions dropped 8.5% from…

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