Friday, 21 June 2019

U.S. existing home sales bounce back in May as spring buying season heats up: report

Sales of existing homes bounced back last month, as a rocky winter gave way to a robust spring buying season in all parts of the county. Economists credited plummeting mortgage rates for a 2.5 percent national uptick in sales of previously-owned homes between April and May, according to a National Association of Realtors report cited in Bloomberg. About 5.34 million contracts closed last month, beating the association’s predictions. The median sale price for existing homes, […]



source https://therealdeal.com/national/?p=195922#new_tab

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