WASHINGTON - New orders for durable goods posted a small gain in April while existing home sales continued climbing despite higher mortgages rates, according to two reports released yesterday.

The Commerce Department said that new orders for durable goods inched up 0.1% in April to a seasonally adjusted annual rate of $147 billion. Meanwhile, the National Association of Realtors reported that sales of existing homes grew 1.2% to an annual rate of 4.12 million units.

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