Key Takeaways from the May Existing Home

Key Takeaways from the May Existing Home Sales Report – Existing home sales increased in May in line with expectations, rising 1.8 percent from April to 5.53 million units (SAAR), their third consecutive monthly increase. Inventory of homes for sale edged up 0.3 percent in May from April, but remains 5.75 percent below where it was a year ago. For-sale inventory of existing homes has now been contracting on an annual basis for 12 consecutive months. The median seasonall… http://ow.ly/LFey501Fwcg

About BillGrossC21

Licensed California Real Estate Broker and Productivity Coaching
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