Sales of previously-owned homes slid nearly 18% in April as the coronavirus pandemic upended the U.S. real estate market. It was the lowest level for sales since July 2010, with sales falling most notably on a monthly basis in the West.
The numbers: Sales of previously-owned homes slid nearly 18% in April as the coronavirus pandemic upended the U.S. real estate market.
What happened: On a regional basis, sales fell most notably on a monthly basis in the West, where they were down 25%. Every region saw a decrease in sales in April. Don’t miss:‘Investors who own Airbnb properties are looking for immediate liquidity.’ Is this a good time to buy a home? But sellers have not rushed back into the market. “Confidence surveys show that many believe it is not a good time to sell, and our weekly data shows fewer sellers putting homes on the market than a year ago,” said Danielle Hale, chief economist at Realtor.com.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Sales of existing homes plunged nearly 18% in AprilSales of existing homes plunged in April, notching the biggest decline in a decade, according to the National Association of Realtors. Sales of previously owned homes fell 17.8% from March amid stay-at-home orders, with the biggest dips seen in the West.
Weiterlesen »
How To Get A Mortgage In 2020Mortgage rates are at historic lows, so now may be a fantastic time to buy a new home or refinance your existing home loan—if you can qualify.
Weiterlesen »
L.A. County achieves major coronavirus win as transmission rate hits lowest levelAn increasing downturn in the daily number of new cases suggests the transmission number is slightly under 1, a milestone for L.A. County.
Weiterlesen »
Target Just Launched a Massive Memorial Day Sale on 59,000+ ItemsTarget’s Memorial Day sale 2020 launched early with over 59,000 deals, including markdowns on home decor, furniture, patio items, electronics, women’s clothing and shoes, and much more
Weiterlesen »
The Best Memorial Day Sales To Shop This Weekend From Nordstrom To Bandier And SephoraShop our roundup of the best sales in fashion, beauty, and home—from Ban.do to DL1961, Puma to Nordstrom—this Memorial Day weekend.
Weiterlesen »
Blufftop development at Trump National in Rancho Palos Verdes seeks $9.5 millionIn Rancho Palos Verdes, an under-construction home in the Estates at Trump National golf community has come up for sale at $9.5 million.
Weiterlesen »