Tuesday, 22 January 2019

US home sales plummet, adding to fears of 2019 slowdown

The number of homes sold dropped sharply in December, raising fears that 2019 will be marked by a continued slowdown in the U.S. housing market. Sales of existing homes dropped 10.3 percent last month compared to the same time in 2017, and 6.4 percent from November, according to a report from the National Association of Realtors, cited in the Wall Street Journal. Many markets saw double-digit declines in existing home sales, including much of California, […]



source https://therealdeal.com/chicago/2019/01/22/us-home-sales-plummet-adding-to-fears-of-2019-slowdown/#new_tab

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