The Sales of existing homes fell 1.9% in the United States during the month of April after having decreased by 3.7% in March, as published by the Association of Real Estate Agents. This is the second consecutive month of declines for the indicator since the beginning of 2024.
In total, the number of sales stood at 4.14 million, below the 4.22 million homes sold in March and the 4.21 million expected by the market.
He median sales price of used homes grew 5.7% from April 2023 to $407,600the tenth consecutive month of year-over-year price increases and the highest price ever recorded for the month of April.
dollar reaction
The Dollar Index (DXY) has barely reacted to the data, now trading around 104.78 after reaching a one-week high of 104.93 at midday in Europe.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
