Home sales fell for the third consecutive month in April as rising mortgage rates and affordability challenges pushed many would-be …
Sales of previously occupied US homes slowed last month.
US National Association of Realtors said in a statement earlier on Friday that US existing home sales and prices had witnessed a blowout binge again in January as housing market inventories tumbled to a record low.
New home sales fell 11% in November from October, according to the U.S. Census. October’s reading was also revised lower.