Saturday, 25 June 2022 | The Latest Buzz for the Appraisal Industry

Median Sales Price Surpass Record $400k

Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors (NAR). Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions. Total existing-home sales —completed transactions that include single-family homes, townhomes, condominiums and co-ops— fell 3.4% from April to …

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