Existing Home Sales Sluggish but Gained in May - Tennessee Star

Existing Home Sales Sluggish but Gained in May - The Virginia Star

by Brett Rowland   Sales of existing-homes in the U.S. rose 0.8% in May from the prior month, the National Association of Realtors said Monday. Sales grew in the Northeast, Midwest and South, but retreated in the West. Year-over-year, sales progressed in the Northeast and Midwest but contracted in the South and West. “The relatively subdued sales are largely due to persistently high mortgage rates. Lower interest rates will attract more buyers a…

Existing Home Sales Sluggish but Gained in May | The Star News Network

by Brett Rowland   Sales of existing-homes in the U.S. rose 0.8% in May from the prior month, the National Association of Realtors said Monday. Sales grew in the Northeast, Midwest and South, but retreated in the West. Year-over-year, sales progressed in the Northeast and Midwest but contracted in the South and West. “The relatively subdued sales are largely due to persistently high mortgage rates. Lower interest rates will attract more buyers a…

Home sales inch up  - Rose Law Group Reporter

By Melissa Dittmann Tracey | Realtor Magazine Despite a modest uptick in home sales, uncertainty continues to cloud the housing market. Elevated mortgage rates and economic headwinds may be leaving some would-be home buyers hesitant, even as the inventory of for-sale homes improves and buyers find they have more negotiating power in some markets. Existing-home sales—completed transactions for single-family homes, townhomes, condos and co-ops—eke…

Existing home sales post smallest year-over-year decline since February - Home News Now

Sales also rose .8% from April, marking a modest gain during the height of the spring selling season WASHINGTON — Year-over-year existing home sales in May declined .7%  from May 2024, according to data released Monday by the National Association of Realtors. This marked their smallest year-over-year decline of the year, thus far, compared with a 1.2% decline in February 2024, a 2.4% decline in March and a 2% decline in April. They also increase…

NAR Existing-Home Sales Report Shows 0.8% Increase in May

Month-over-month 0.8% increase in existing-home sales -- seasonally adjusted annual rate of 4.03 million in May. 6.2% increase in unsold inventory -- 1.54 million units equal to 4.6 months' supply. Year-over-year 0.7% decrease in existing-home sales. 1.3% increase in median existing-home…

More Homes, More Discounts: Nationwide Housing Inventory Ticks Upward YoY - The MortgagePoint

A new report finds a year-over-year growth in U.S. housing inventory in May 2025, amid a high-rate environment, increased sales prices, and continued overall economic uncertainty.