Hope for Greater Inventory as Home Sales Slip Again

June 22, 2021 Limited housing supply and strong buyer demand caused existing-home sales to drop for the fourth consecutive month, falling 0.9% in May, the National Association of REALTORS® reported Wednesday. Still, sales were up 44.6% year over year, according to NAR. The median price for an existing home reached $350,300. “Home sales fell moderately…

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