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Existing-Home Sales Sink 2.3 Percent

May 24, 2017 6:51 pm

Existing-home sales sunk in April, dragged down by virtually absent supply, the National Association of REALTORS® (NAR) reports. Existing-home sales totaled 5.57 million, a 2.3 percent decrease from March, but a 1.6 percent increase from one year prior. Inventory increased, however, by 7.2 percent to 1.93 million—though still 9 percent below one year prior. “Last […]

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