March homes sales dropped despite a surge in supply. Here's why.

Business

March Homes Sales Dropped Despite A Surge In Supply. Here's Why.

By CNBC

Prospective buyers attend an open house at a home for sale in Larchmont, New York, US, on Sunday, Jan. 22, 2023. Sales of previously-owned homes dropped 4.3% in March compared with February, to a seasonally adjusted, annualized rate of 4.19 million u ...Read more