【NAR】Existing-Home Sales Report Shows 0.8% Increase in May
- 0.8% increase in existing-home sales -- seasonally adjusted annual rate of 4.03 million in May.
- 6.2% increase in unsold inventory -- 1.54 million units equal to 4.6 months' supply.
- 0.7% decrease in existing-home sales.
- 1.3% increase in median existing-home sales price to $422,800.