Final Look at Local Housing Markets in May and a Look Ahead to June Sales

After the National Association of Realtors® (NAR) releases the monthly existing home sales report, I pick up additional local market data that is reported after the NAR. This is the final look at local markets in May.

The big stories for May were that existing home sales decreased to 4.11 million on a seasonally adjusted annual rate basis (SAAR) - the 33…