NAR: Existing-Home Sales Decreased to 4.02 million SAAR in December, Lowest Since 2010
Existing-home sales retreated for the eleventh consecutive month in December, according to the National Association of Realtors®.
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On a year-over-year basis, pending home sales collapsed 38.60%, the largest annual drop ever.
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Sales of previously owned US homes fell for a fourth month in May, receding to the lowest level in nearly two years as demand plunges.
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