U.S. existing home sales post largest decline in nearly 10 years

WASHINGTON (Reuters) - U.S. home sales logged their biggest drop in nearly 10 years in April as the novel coronavirus pandemic upended the labor market and broader economy, undercutting demand for housing.The National Association of Realtors said on Thursday existing home sales plunged 17.8% to a seasonally adjusted annual rate of 4.33 million units last month. The percentage decline was the largest since July 2010.Economists polled by Reuters had forecast existing home would decrease 18.9% to a..