RE/MAX: Home sales fall 8.5% year over year in May

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RE/MAX: Home sales fall 8.5% year over year in May RE/MAX: Home sales fall 8.5% year over year in May

Home sales fell 8.5% year over year other rose 5.8% month over month in May, as rising interest rates and home prices weighed on homebuyers’ purchasing power, RE/MAX said in its National Housing Report. The average close-to-list-price ratio of the 51 metro areas surveyed was 103.3%, down 0.2% from last month but up 1.6% from […] The post RE/MAX: Home sales fall 8.5% year over year in May first..
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