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Jun. 11	Japan's Nikkei rises on US stocks, heavyweight chip shares	RE
Jun. 11	South Korean shares track Wall Street higher; monetary events in focus	RE

USA: sales of existing homes down 1.9% in April

May 22, 2024 at 10:20 am EDT

Sales of existing homes in the United States fell by 1.9% in April, to an annualized rate of 4.14 million units, according to statistics published Wednesday by the National Association of Realtors (NAR).

Compared to April 2023, when they stood at 4.22 million units, resales are still down by 1.9%.

According to the NAR, the median price of a property rose by 5.7% year-on-year to $407,600, marking a tenth consecutive month of growth and a new record for an April.

According to the trade organization, an American home remains on the market for 26 days today, compared with 33 days in March 2024 and 22 days in April 2023.

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