Home sales see largest drop in nearly 20 years

National & World

April saw a record collapse in Americans signing contracts to buy homes

(WYTV) – April saw a record collapse in Americans signing contracts to buy homes.

The National Association of Realtors said its pending home sales index plunged 21.8% from the prior month.

That’s the largest drop in nearly 20 years.

Pending home sales have fallen 33% from a year ago.

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