Nationwide existing-home sales receded in April, the National Association of Realtors announced (NAR) from its Washington, D.C., headquarters. All four major U.S. regions posted month-over-month declines. Year-over-year, sales decreased in the Northeast, Midwest and South but increased in the West.
Total existing-home sales — defined as completed transactions that include single-family homes, townhomes, condominiums and co-ops — slid 1.9 percent from March to a seasonally adjusted annual rate of 4.14 million in April. Year-over-year, sales fell Please log in to see the rest of this story.
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