(Reuters) - The inventory of homes for sale grew 10.4 percent to 4.2 million units, which represents an 8.4 months' supply at the current sales pace.
Economists polled by Reuters were expecting home resales to rise to a 6.14 million-unit pace from the 6.12 million-unit rate initially reported for March. The March sales pace was revised to 6.15 million.
Read more at Reuters.com Business News
Economists polled by Reuters were expecting home resales to rise to a 6.14 million-unit pace from the 6.12 million-unit rate initially reported for March. The March sales pace was revised to 6.15 million.
Read more at Reuters.com Business News
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