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The Independent UK
The Independent UK
National
Alex Veiga

March home sales slowed in a lethargic opening to the spring buying season

Lawrence Yun United States NAR
Home Sales - (Copyright 2024 The Associated Press. All rights reserved)

Sales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged prospective home shoppers.

Existing home sales fell 5.9% last month from February to a seasonally adjusted annual rate of 4.02 million units, the National Association of Realtors said Thursday.

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