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U.S. Existing Home Sales Unexpectedly Fall In April

Video Credit: Wochit News - Duration: 00:39s - Published < > Embed
U.S. Existing Home Sales Unexpectedly Fall In April

U.S. Existing Home Sales Unexpectedly Fall In April

U.S. home sales unexpectedly fell in April amid persistent weakness in the lower-priced segment of the market, which has experienced an acute shortage of properties.

The National Association of Realtors said existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month.

March’s sales pace was unrevised at 5.21 million units.

Economists polled by Reuters had forecast existing home sales rising 2.7% to a rate of 5.35 million units in April.

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U.S. Existing Home Sales Unexpectedly Fall In April

TAKEN TUESDAY, OCT.

2, 2018 AN AUG.

30, 2018, FILE PHOTO A FEB.

21, 2019, FILE PHOTO TUESDAY, MAY 16, 2017, PHOTO a MARCH 6, 2018, file PHOTO



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