In March, the sales of existing homes in the United States dropped by 5.9%, marking the largest decline since 2022. This significant decrease has brought home sales to their slowest pace since 2009. The housing market is currently experiencing a slowdown as many homeowners are finding it difficult to sell their properties. Industry experts have described the situation as challenging, with one stating, ‘We’re really bleeding.’ This trend reflects broader economic concerns and highlights the ongoing struggles within the real estate sector. — new from WSJ