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New home sales hit 481,000 in March, versus 510,000 unit estimate

This is a breaking news story. Please check back for updates.. Analysts polled by Thomson Reuters forecast a drop in new home sales to 510,000 units in March.

This is a breaking news story. Please check back for updates.

Analysts polled by Thomson Reuters forecast a drop in new home sales to 510,000 units in March. In the previous month new home sales were at 540,000 units.

Click here for market reaction.