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NAR: Existing-Home Sales Decreased to 5.41 million SAAR in May
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NAR: Existing-Home Sales Decreased to 5.41 million SAAR in May

Inventory down 4.1% year-over-year

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Jun 21, 2022
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NAR: Existing-Home Sales Decreased to 5.41 million SAAR in May
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From the NAR: Existing-Home Sales Fell 3.4% in May; Median Sales Price Surpasses $400,000 for the First Time

Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors®. Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regi…

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