April home sales dropped to the slowest pace for that month since 2009

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  Posted by Two Blokes May 22 - Filed in General - #TwoBlokesTrading  - 8 views
  
  Home sales in April dropped, as consumers faced high home prices and growing concern over the economy and employment. "Home sales have been at 75% of normal or pre-pandemic activity for the past three years, even with seven million jobs added to the economy," said Lawrence Yun, NAR's chief economist.