Agencies evaluate existing home sales in the US in April: Existing home sales in the US unexpectedly declined in April, causing the property market to suffer another setback as rising mortgage interest rates and housing prices weighed on demand. Total sales of existing homes in the US in April reached 4.14 million units in a few years, down 1.9%. Economists expect it to rise to 4.21 million units. Despite improvements in supply, sales declined for the second month in a row. Due to the recovery in mortgage interest rates, the housing market has cooled down somewhat after the growth rate of housing investment in the first quarter reached the fastest rate in more than three years. According to Freddie Mac data, interest rates on 30-year fixed-rate mortgages in the US surged to a five-month high of 7.22% in early May, and have been struggling to fall below 7%.
利率和房价上升打压需求，美国楼市连续第二个月降温
Rising interest rates and housing prices weighed on demand, and the US property market cooled down for the second month in a row
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