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Economy

Existing Home Sale Plunge 9.7% in 3rd Straight Monthly Drop

WASHINGTON — Existing home sales in the U.S. plunged 9.7% in May. It was the third straight monthly decline and further evidence of the harm the virus pandemic has done to the housing market.

The National Association of Realtors said Monday that the monthly decline pushed sales down to a seasonally adjusted annual rate of 3.91 million, the slowest pace since a home buyers tax credit expired in October 2010.

Sales fell in all regions of the country, with the biggest decline coming in the Northeast where virus infections were especially heavy. 

Sales of both existing and new homes have fallen sharply during the spring sales season as the housing market was hurt by the shutdowns put into effect to help contain the spread of the virus.

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9 Are Facing Charges in What Police in Canada Say is the Biggest Gold Theft in the Country’s History

TORONTO (AP) — Police said nine people are facing charges in what authorities are calling the biggest gold theft in Canadian history from Toronto’s Pearson International airport a year ago.

WASHINGTON, DC – The 3rd Nikos Mouyiaris Memorial Lecture which had been scheduled for April 20 at Rutgers University in New Jersey will be rescheduled for the fall of 2024 as the organizers received a call from U.

NEW BRUNSWICK, NJ – Greek-American Maria Passalaris, 25, was tragically killed in a car accident on April 12 on Highway 1 near Princeton, NJ.

The recent tragicomic events at the church of the All-Holy Taxiarhes in the area of Megalo Revma of Constantinople, specifically, the assault by Archimandrite Chrysanthos on Metropolitan Athenagoras of Kydonion which involved the slapping of the archpriest's cheeks while he was venerating the icon of the Virgin Mary, are not only lamentable but also pitiful for the Patriarchate itself.

RUMFOLD, RI – Anastasia Georgiadis, 83, of Rumford, RI, passed away peacefully surrounded by her loving family.

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