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Existing Home Sales in May Drop for Fourth Straight Month as Affordability Squeezes Buyers

NBC Miami
 2021-06-22

Cover picture for the articleSales of existing homes fell 0.9% in May to a seasonally adjusted annualized rate of 5.8 million units, according to the National Association of Realtors. The median price of an existing home in May was $350,300, a 23.6% increase compared with May 2020. Just 1.23 million homes were for sale...

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