U.S. existing home sales declined 1.9% in April due to high mortgage rates and rising prices, per the National Association of Realtors.
U.S. existing home sales dropped 1.9% in April due to ongoing high mortgage rates and rising prices, according to the National Association of Realtors. This marks the second consecutive monthly decline in sales. Analysts had anticipated a slight increase in sales last month.
May 22, 2024
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