Existing Home Sales Drop to Nine Year Low
home sales
The National Association of Realtors reported today, that its seasonally adjusted index of sales agreements for previously occupied homes dropped 30 percent in May from April. The index fell to 77.6 from 110.9. May’s reading was the lowest dating back to 2001.
The huge declines were widespread. Pending sales dropped by 33.3 percent in the South, by 32.1 percent in the Midwest, by 31.6 percent in the Northeast, and by 20.9 percent in the West.
If you enjoyed this post, make sure you subscribe to my RSS feed!
2 Comments
Comments are closed.
Here’s one I’ve had good luck with.
Nice post. Thanks you on your information.