Existing-home sales retreated for the eleventh consecutive month in December, according to the National Association of Realtors®.

On a year-over-year basis, pending home sales collapsed 38.60%, the largest annual drop ever.

Sales of all types of previously owned homes – houses, condos, and co-ops – fell by 5.9% in October from September, the ninth month in a row

Home prices are shrinking at the fastest pace on record, according to S&P Case-Shiller.

The number of houses sitting on the market grew at a record pace last month. It was the third straight month with a record increase.

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.