Existing home sales fell 3.4% last month from April to a seasonally adjusted annual rate of 5.41 million, the National Association of Realtors said Tuesday.
Even as home sales slowed, home prices kept climbing in May. The national median home price jumped 14.8% in May from a year earlier to $407,600. That’s an all-time high according to data going back to 1999, NAR said. during the housing crisis, according to mortgage buyer Freddie Mac.
Democrats play with fire when they vote out of rage and revenge and then come on here like a bunch of lost sheep wondering 'WHY?!'. It pretty funny except that EVERYONE else has to pay for their stupidity. But hey, The Avs won! 🤦♀️
Hopefully it will slow and ease housing prices.
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