Open Demo Account
Home / Market Update / U.S. Home Sales Decline in April for Third Straight Month

U.S. Home Sales Decline in April for Third Straight Month

M. Ali 21 May, 2021 8:03 pm Market Update

Home sales in the United States continued to decline during April for the third consecutive month, data showed on Friday.

According to the National Association of Realtors (NAR) existing home sales fell by 2.7% to a seasonally adjusted annual rate of 5.85 million units last month.

Meanwhile, home sales rose by 33.9% on an annual basis, which is mainly due to the huge drop in sales in April 2020, amid the onset of the first wave of the coronavirus pandemic.

Tags

Check Also

The Eurozone’s Shifting Sands: Southern Resilience, Northern Woes

The EUR/USD currency pair recently displayed a modest rebound, inching towards 1.0430 after a period …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends