Sales of existing homes plunged nearly 18% in April

Sales of existing homes plunged in April, notching the biggest decline in a decade, according to the National Association of Realtors. Joe Raedle/Getty Images

Sales of existing homes plunged in April, notching the biggest decline in a decade, according to the National Association of Realtors.

Sales of previously owned homes fell 17.8% from March amid stay at home orders across the US, with the biggest dips seen in the West. Sales were down 17.2% from a year ago, NAR reported.

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