Existing-home sales declined by 2.7 percent from May 2025 but held steady compared to one year ago. Mortgage rates and high home prices continue to dissuade potential buyers.
Source: Inman News
Inventory’s up, but buyers aren’t biting as June sales slide again
Published in Agent, buyer's market, elevated mortgage rates, existing-home sales, first-time homebuyers, Heather Long, home construction, home price growth, home prices, housing inventory, inman, lawrence yun, Markets & Economy, midwest, mortgage rates, NAR, NAR chief economist Lawrence Yun, national association of realtors, National Association of Realtors (NAR), Navy Federal Credit Union, News Brief, northeast, Redfin, Select, single family home sales, south and west
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