US, April sales of existing homes -2.4%. Worse than expectations

SP Case Shiller US house prices accelerate

(Finance) – Signs of deterioration come from US real estate market. Sales of existing homes in the United States recorded a decline of 2.4% in April 2022, according to a report.National Association of Real Estate Agents (NAR)after the -3% reported in March (figure revised by a preliminary of -2.7%).

5.61 million units were sold compared to 5.75 million in March and 5.65 million units forecast by analysts.

Year-on-year, sales fell 5.9% (there were 5.96 million units in April 2021).

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