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New data shows home sales fell in April as mortgage rates remained high

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New data shows home sales fell in April as mortgage rates remained high

New data shows home sales fell in April as mortgage rates remained high – CBS News

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New housing data shows that sales of new and existing homes fell in April as mortgage rates remained high. The number of homes on the market increased by 9%, but prices are still more than 40% higher than four years ago. CBS News business analyst Jill Schlesinger explains.

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