Home Sales Improve - inventory highest in five years.
June 21st, 2019
Home sales in May were the highest we have seen this year and 44.2% higher than April. However sales were still 22.9% below the ten year average and 6.9% less than May of last year.
Affordability and tight lending regulations continue to be primary factors dampening housing demand at this time.
There were 8.1% less new listings in May, 2019 compared with May 2018 but overall listing ...