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LATEST US DATA

Sales of previously owned homes rebound in March

Contract closings climb 5.1% to 5.33m annualised rate from February's 5.07m

Washington

PURCHASES of previously owned US homes rose more than projected in March, indicating resilience in demand heading into the spring selling season.

Contract closings climbed 5.1 per cent to a 5.33 million annualised rate from February's 5.07 million, figures from the

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