Tag Archives: Consumer Affairs

Existing home sales rebounded sharply in June from the lows fueled by the pandemic, but will the recovery be sustainable in the long term?

The counts: Previously owned home sales increased 20.7% in June when states reopened their economies following coronavirus-related blockades. Existing home sales occurred at a seasonally adjusted annual rate of 4.72 million, the National Association of Real Estate Agents reported Wednesday. It was a big rebound from May, when sales fell …

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CFPB consumer complaints soar as coronavirus outbreak continues

Americans filed a record number of complaints with the Office of Consumer Financial Protection in March, when the coronavirus pandemic began flooding hospitals and raising unemployment rates. Every month since then, consumer complaint numbers have reached record levels set the previous month, according to a report Friday by consumer advocacy …

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