Housing Inventory G R E W in May 2023
Housing inventory grew in May while existing-home sales edged higher by 0.2%.
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Existing-home sales rose 0.2% in May 2023, with gains in the South and West and declines in the Northeast and Midwest regions of the U.S. Sales in all four regions fell year-over-year.
The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.
Existing Home Sales data are provided by NAR solely for use as a reference. No part of this data may be reproduced, stored in a retrieval system, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without NAR's prior written consent for those who are not members of NAR. YES YES I AM A MEMBER THANKS FOR ASKING!
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