By Nicole Friedman
Sales of existing homes in March posted their biggest monthly decline in more than two years, kicking off a lackluster start to the critical spring selling season after economic uncertainty and high home prices kept buyers away.
U.S. existing-home sales fell 5.9% in March from the prior month to a seasonally adjusted annual rate of 4.02 million, the National Association of Realtors said Thursday. That marked the biggest month-over-month decline since November 2022.
Updates to follow as news develops
Write to Nicole Friedman at nicole.friedman@wsj.com
(END) Dow Jones Newswires
April 24, 2025 10:02 ET (14:02 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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