Sales 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.
Sales 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 across the US, with the biggest dips seen in the West. Sales were down 17.2% from a year ago, NAR reported.More from Success All employees face mental health risks now. Here's how managers can helpFederal student loans will be cheaper than ever
"The economic lockdowns -- occurring from mid-March through April in most states -- have temporarily disrupted home sales," said Lawrence Yun, NAR's chief economist."But the listings that are on the market are still attracting buyers and boosting home prices."Sales of existing homes in April were at the lowest level since July 2010. It was also the largest month-over-month drop since July 2010.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Target's digital sales grew 282% annually in April - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Target's digital sales fuel first-quarter sales gain, but at a hefty priceThe big-box retailer's stores have remained open across the country during the coronavirus pandemic, but the crisis has squeezed profits.
Weiterlesen »
The Voice Crowns Its Champion: Find Out Who Won Season 18The Voice finale aired remotely from the coaches and contestants' homes amid the coronavirus pandemic
Weiterlesen »
The Voice Finale 5th Judge: Season 18 Winner CrownedBon Jovi, Lady Antebellum, Jonas Brothers and Gwen Stefani provide the entertainment -- along with a few surprises -- as the coaches duet with their artists before the newest winner is crowned!
Weiterlesen »
Crown Princess Elisabeth of Belgium, 18, Enrolls in Military Academy: 'The Country Can Count on Me'Princess Elisabeth, heir to the Belgian throne, will begin at the Royal Military Academy this fall
Weiterlesen »