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https://www.zerohedge.com, By Tyler Durden

Proving that higher prices aren't always better news, housing in Manhattan may finally be catching a bid after a nearly yearlong slump in prices has plunged far enough to finally attract buyers. Additionally, inventory growth finally looks to be slow

Article Image News Link • Global

https://www.zerohedge.com, By Tyler Durden

Existing home sales were the odd one out in March (falling as new- and pending-home-sales spiked) but expectations were for a catch-up rebound in April, but did not, dramatically missing the expectation of a 2.7% rise by dropping (again) by 0.4% MoM.

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