May 2020 Existing and Pending Home Sales

May 2020 Existing and Pending Home Sales

Jul 9, 2020
3:31
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Existing home sales in May reached 3.9 million. While this is the lowest point in nearly a decade, it was expected due to the economic lock down. However, the housing sector is expected to undergo a V-shape recovery, meaning a sharp downturn followed by a sharp rebound.
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