Industry News

Existing-home sales hit 4-year low

Activity down 10.3% in May as inventory climbs
Published on Jun 25, 2007

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

The annual adjusted rate of existing-home sales fell to the lowest level in May since June 2003, dropping 10.3 percent compared to May 2006, the National Association of Realtors reported today. The median existing-home price fell 2.1 percent in May ...