US existing home sales fall in May as prices hit record high, mortgage rates rise

Capt. John

U.S. existing home sales fell for a third straight month in May as record high prices and a resurgence in mortgage rates sidelined potential buyers from the market. Home sales dropped 0.7% last month to a seasonally adjusted annual rate of 4.11 million units, the National Association of Realtors...

https://www.hellenicshippingnews.com/us-existing-home-sales-fall-in-may-as-prices-hit-record-high-mortgage-rates-rise/

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