Existing-Home Sales Slid 5.4% In June: NAR
Sales have declined for five straight months.
Sales have declined for five straight months.
National Association of Realtors also reports that median sales price tops $400,000 for the first time
Higher home prices and sharply higher mortgage rates have reduced buyer activity.
Month-over-month, sales in March fell in three of the four major U.S. regions, while holding steady in the West.