Retail News

Existing home sales drop to lowest point since onset of the pandemic

Yahoo Finance 12/21/2022

According to the latest monthly report from the National Association of Realtors, existing home sales fell 7.7 percent to 4.09 million units in November (after a seasonal adjustment) under pressure from rising mortgage rates. That represents the 10th monthly decline and the lowest level — excepting the early period of the pandemic — since November 2010.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!