Existing home sales continues their downward trajectory in December as year over year, existing home sales dropped 17.8%, according to the National Association of Realtors.

In what was the 11th consecutive month of declines, the West was the only region not to see a decline, as it went unchanged.

Sales overall fell 1.5% from November and 34% from one year ago. This was the 16th consecutive month with sales down year-over-year.

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