International Economic

US existing home sales fall 4.9pc in January

By Iain Gilbert

Date: Friday 21 Feb 2025

(Sharecast News) - Existing home sales fell by 4.9% to 4.08m in January, according to the National Association of Realtors.
Last month's decline marked the sharpest drop for seven months and falling short of expectations for a reading of 4.12m.

NAR chief economist Lawrence Yun said: "Mortgage rates have refused...

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