Living in Biden’s economy. The ongoing train wreck is slow motion.
US existing home sales tanked -23.16% year-over-year (YoY) as the economy slows and The Fed tightens.
On a month-over-month (MoM), existing home sales declined -3.4% in April from March to 4.28 million SAAR.
The median price of existing home sales fell -2.09% from March to April (MoM) as inventory for sales remains depressed.
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