NAR: Existing-Home Sales Decreased to 5.61 million SAAR in April

Inventory down 10.4% year-over-year

From the NAR: Existing-Home Sales Retract 2.4% in April

Existing-home sales recorded a third straight month of declines, slipping slightly in April, according to the National Association of Realtors®. Month-over-month sales were split amongst the four major U.S. regions, with two areas posting gains and the other two experiencing waning in April. Year-ov…