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U.S. Home Sales Hit A Three-year Low

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U.S. Home Sales Hit A Three-year Low

U.S. Home Sales Hit A Three-year Low

According to Reuters, U.S. home sales tumbled to their lowest level in three years in December and house price increases slowed sharply, suggesting a further loss of momentum in the housing market.

The weak report from the National Association of Realtors (NAR) on Tuesday also suggested the economy was slowing.

A month-long partial shutdown of the federal government, which has delayed data from the Commerce Department is, however, making it difficult to get a good read of the economy.

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U.S. Home Sales Hit A Three-year Low

A MARCH 28, 2018, FILE PHOTO A JAN.

3, 2019, FILE PHOTO A JUNE 20, 2018, PHOTO




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