The price of a home sold in March set a record, as inventory dwindled and sales fell

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  House “sold” sign Peoria, Illinois Daniel Acker | Bloomberg | Getty Images Sales of existing homes dropped 2.7% in March to a seasonally adjusted, annualized rate of 5.77 million units, according to the National Association of Realtors. February’s reading was also revised downward with a larger-than-usual dent, from 6.02 million units to 5.93 million….

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