US Existing Home Sales See Biggest Drop Since 2022

Source: International Business Times

Sales of previously-owned US homes fell 5. 9 percent in March according to industry data, more than analysts expected AFP Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on affordability for homebuyers. Existing home sales slid 5.