May home sales increase very slightly, but prices hit new record

Business

May Home Sales Increase Very Slightly, But Prices Hit New Record

By CNBC

Sales of previously owned homes rose very slightly in May, up 0.8% from April, to a seasonally adjusted, annualized rate of 4.03 million units, according to the National Association of Realtors. Housing analysts had been predicting a 1% decline. Sale ...Read more