【World Property Journal】Realtors Report U.S. Home Sales Implode in April, Down 17.8 Percent from Coronavirus

According to the National Association of Realtors, existing-home sales dropped in April 2020, continuing what is now a two-month skid in sales brought on by the coronavirus pandemic. Each of the four major regions experienced a decline in month-over-month and year-over-year sales, with the West seeing the greatest dip in both categories.

Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, dropped 17.8% from March to a seasonally-adjusted annual rate of 4.33 million in April. Overall, sales decreased year-over-year, down 17.2% from a year ago (5.23 million in April 2019).
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