Slowdown in US Existing Home Sales Continues Through May 2024
Slowdown in US Existing Home Sales Continues Through May 2024 Existing home sales in the United States continued their downward trend in May 2024, marking the slowest May for sales since 2009. According to the National Association of Realtors (NAR), existing home sales in May fell 0.7% compared to May 2023. While sales saw a slight 0.8% monthly increase from April, this followed the slowest April for existing home sales in 16 years. In March, sales fell 5.9 percent to…