Home sales suffered a big drop last month, which is bad news for the U.S. housing market's busiest time of the year, a Moody's expert told Newsweek.
Existing-home sales slid 4.3 percent last month from February to a seasonally adjusted annual rate of 4.19 million, down 3.7 percent compared to a year before, according to a National Association of Realtors (NAR) report.
At the…

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