US existing home sales still down in April

US existing home sales still down in April

(Tiper Stock Exchange) – Signs of weakness they come from real estate market American. The existing home sales in the United States recorded their second consecutive drop in April, marking a 3.4% drop.

This was announced by the National Association of Real Estate Agents (NAR), after the -2.6% reported in March (data revised from a preliminary figure of -2.4%). Market expectations were for a small growth of 0.1%.

4.28 million homes were sold compared to 4.43 million in March (data revised from a preliminary of 4.44) and 4.3 million units expected by analysts.

(Photo: Gerd Altmann / Pixabay)

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