US Home Prices and Sales Continue to Decline in April.
TL;DR
Home prices in the US experienced the largest annual drop in more than 11 years in April, according to the S&P CoreLogic Case-Shiller National Home Price Index. The index showed a 3.6% year-over-year decline in April, marking the biggest drop since November 2009. The housing market has been impacted by the COVID-19 pandemic, with many potential buyers holding off on purchases due to economic uncertainty.
Topics:businessreal-estate#annual-drop#april#home-prices#housing-market#real-estate#real-estate-market
- Home Prices Posted Largest Annual Drop in More Than 11 Years in April The Wall Street Journal
- The Housing Market Outlook: Where are Home Sales, Prices, and Listings Headed from Here? MoneyShow
- Home sales fell in April as buyers contended with high prices, fluctuating mortgage rates CNBC
- US home sales fell in April for the second month in a row CNN
- U.S. housing market recovery is being held back by limited listings and fluctuating mortgage rates MarketWatch
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