Sales were down to a seasonally adjusted annual rate of 4.33 million units, according to the National Association of Realtors.
That’s the slowest clip for existing home sales since September 2011.
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U.S. sales of existing homes tumbled 17.8% in April, their largest one-month drop since a 22.5% plunge in July 2010. So reports the Associated Press.
Sales were down to a seasonally adjusted annual rate of 4.33 million units, according to the National Association of Realtors.
That’s the slowest clip for existing home sales since September 2011.