NAR: Existing-Home Sales Decreased to 5.77 million SAAR in March
Inventory down 9.5% year-over-year
From the NAR: Existing-Home Sales Slip 2.7% in March
Existing-home sales decreased in March, marking two consecutive months of declines, according to the National Association of Realtors®. Month-over-month, sales in March waned in three of the four major U.S. regions while holding steady in the West. Sales were down across each region year-over-year.