Tuesday, 28 June 2022 | The Latest Buzz for the Appraisal Industry

May Home Sales Down YoY as Inventory Grows

RE/MAX has released its National Housing Report for May 2022, and although May is deemed one of the most active months of the year for home sales, closings in May 2022 were 8.5% lower than the prior year. However, rates did climb to 5.8% over April. That month-over-month increase was approximately half of the average …

The post May Home Sales Down YoY as Inventory Grows appeared first on theMReport.com.

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