(Bloomberg) -- Sales of previously owned homes in
the U.S. were probably unchanged last month after posting the
biggest drop in 18 years, a sign the housing market may have
touched bottom, economists said before an industry report today.
The National Association of Realtors may say existing homes
were sold at a 6.12 million annual rate in April, according to
the median forecast of 70 economists in a Bloomberg News survey.
Sales dropped 8.4 percent in March, the most since January 1989.
Read more at Bloomberg Bonds News
the U.S. were probably unchanged last month after posting the
biggest drop in 18 years, a sign the housing market may have
touched bottom, economists said before an industry report today.
The National Association of Realtors may say existing homes
were sold at a 6.12 million annual rate in April, according to
the median forecast of 70 economists in a Bloomberg News survey.
Sales dropped 8.4 percent in March, the most since January 1989.
Read more at Bloomberg Bonds News
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