Home Sales in December 2018 Dropped More than Usual

January 29th, 2019

Across the US, home sales in December 2019 dropped more than the usual seasonal reduction in sales. Home sales dropped an average of 6.4% from November. According to both the National Association of REALTORS and a CNBC article, the drop was unusually large, as sales generally vary monthly in the very low single digit averages. [...]