Market Update for May 2025
U.S. existing-home sales slipped slightly in the latest report, down 0.5% from the previous month and 2.0% compared to the same time last year, reaching a seasonally adjusted annual rate of 4.00 million units, according to the National Association of REALTORS® (NAR). Regionally, sales rose in the Midwest, fell in the West and Northeast, and …