Existing Home Sales Tumble 17.8% in April

The National Association of Realtors® (NAR) is reporting that total existing-home sales, which include single-family homes, townhomes, condominiums and co-ops declined -17.8% from March, to a seasonally-adjusted annual rate of 4.33 million in April. Year-over-year, new home sales were down -17.2%, which ends a 9-months in a row upward streak.

FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.