(Finance) – Signs of deterioration continue to arrive from the US real estate market. Existing home sales in the United States recorded a 0.8% decline in October 2022, according to a statement from theNational Association of Real Estate Agents (NAR), after the -0.5% reported in September (data revised from a preliminary figure of -0.4%).
4.43 million units were sold compared to 4.71 million in September and 4.38 million units expected by analysts.
Year-over-year, sales fell 19.9% from 5.99 million units in August 2021.