CarlsBank.com
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Carls Bank - Welcome to www.carlsbank.com
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- Existing home sales fell to 5.99 million units in April on a seasonally adjusted annual basis, the slowest sales pace in four years. The fall in April sales was larger than expected. Economists had forecast that sales would dip a slight 0.2% to 6.11 million units. On a year-on-year basis, existing home sales were down 10.7%. The median national sales price was down 0.8% year on year to $220,900. Inventories of unsold homes rose 10.4% to 4.20 million, the highest in 15 years.
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