US Existing Home Sales Crashes to Nearly 30-Year Low
By Naveen Athrappully Sales of existing homes dropped last year to the lowest in 28 years even as property prices jumped to record highs, according to the National Association of Realtors (NAR) Existing home sales declined to 4.09 million units in 2023, which is the lowest level since 1995, according to a Jan. 19 NAR press release. At the same time, the median price of homes hit a…
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