NEW YORK, May 14 (Xinhua) -- April is normally when transactions kick into overdrive, warmer weather drawing in buyers and sellers alike. But this year, the number of signed contracts was the lowest for the month since the COVID-19 lockdown in 2020 in the United States, according to seasonally adjusted data from Redfin Corp.
"Deals were down 3 percent from last April, already seen as a low mark," said Bloomberg News on Wednesday about the development, adding that active listings for April also ballooned to the highest level since 2019, suggesting homes are piling up on the market.
