Existing-home sales fall 3.4% in May

Industry News

istock.com/SondraP WASHINGTON — Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors. Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions. Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 3.4% from April…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Class 8 Sales in July Improve Over a Year Earlier
U.K. power producer increases stake in B.C. wood-pellet industry
What the U.S. tariff reduction on Canadian softwood lumber means for you
Mortgage rates finally sink back below 5% — and prices are cooling off too amid a housing market ‘reset’
You may want to sit down before you open your 2022 property tax notice