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Existing home sales slide 2.4% in March
Yahoo Finance
Existing home sales slide 2.4% in March
Existing home sales in March retreated 2.4% from the month before to an annualized rate of 4.44 million, reversing gains from February, data from the National Association of Realtors out Thursday showed, as activity during the selling season remained down from a year ago.
The annualized rate was less than the 4.5 million expected by economists, according to Bloomberg data. The median sales price for an existing home also slipped to $375,700, down 0.9% from $379,300 a year ago, NAR data showed.
{snip}
Existing home sales slide 2.4% in March
Existing home sales in March retreated 2.4% from the month before to an annualized rate of 4.44 million, reversing gains from February, data from the National Association of Realtors out Thursday showed, as activity during the selling season remained down from a year ago.
The annualized rate was less than the 4.5 million expected by economists, according to Bloomberg data. The median sales price for an existing home also slipped to $375,700, down 0.9% from $379,300 a year ago, NAR data showed.
{snip}
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