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Sales Of Existing Homes Slip As Inventories Tighten

There was a 0.6 percent dip in sales of existing homes in March from February, the National Association of Realtors reports, because the supply of homes for sale has tightened as the number of would-be buyers is on the rise.

Its data suggest that sales ran at a 4.92 million annual rate, down from a 4.95 million pace the month before.

According to a statement from NAR chief economist Lawrence Yun, "buyer traffic is 25 percent above a year ago when we were already seeing notable gains in shopping activity." But, he adds, "in the same timeframe housing inventories have trended much lower, which is continuing to pressure home prices."

David Sloan, an economist at 4Cast Inc., tells Bloomberg News that "housing will remain a positive for the economy, but there should be some slowing in the next few months. The slowing is temporary. There is a shortage of supply. The housing market will revive."

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NPR

Poetry Behind Bars: The Lines That Save Lives — Sometimes Literally

Words Unlocked, a poetry contest for juveniles in corrections, has drawn more than 1,000 entries. Its judge, Jimmy Santiago Baca, says it was a poetry book that helped him survive his own prison term.
NPR

When It Came To Food, Neanderthals Weren't Exactly Picky Eaters

During the Ice Age, it seems Neanderthals tended to chow down on whatever was most readily available. Early humans, on the other hand, maintained a consistent diet regardless of environmental changes.
NPR

Trump And Cruz Campaign At California GOP Convention

The remaining Republican presidential candidates have been making their case at the party's state convention. Capital Public Radio's Ben Adler explains the divisions on display among Republicans.
NPR

'The Guardian' Launches New Series Examining Online Abuse

A video was released this week where female sports journalists were read abusive online comments to their face. It's an issue that reaches far beyond that group, and The Guardian is taking it on in a series called "The Web We Want." NPR's Audie Cornish speaks with series editor Becky Gardiner and writer Nesrine Malik, who receives a lot of online abuse.

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