Existing Home Sales Dips 2.7%
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Associated Press
WASHINGTON — Sales of existing homes dipped 2.7% in February to an annual rate of 2.92 million units, the National Assn. of Realtors said today. The private trade group said a market correction for January’s record sales pace in the Northeast was largely responsible for the seasonally adjusted decline from January’s 3-million-unit annual level.
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