Newsfeed: “Another Difficult Month For Buyers”: US Existing Home Sales Suffer Biggest Annual Drop Ever

Newsfeed: “Another Difficult Month For Buyers”: US Existing Home Sales Suffer Biggest Annual Drop Ever

US existing home sales dropped for the 11th straight month in December (-1.5% MoM – slightly less than expected thanks to downward revisions of previous months), leading to a record 34% drop year-over-year (worse than the worst drop during the Great Financial Crisis)…