real-estate2 years ago
US Home Prices and Sales Continue to Decline in April.
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.