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Home sales surged in May to the highest level since December
Home sales increased in May to the highest level since December due to a slight drop in mortgage rates in April. However, home prices continue to rise.
Related Signal
Adjacent reporting
- US home sales surge to the fastest pace this year despite rising mortgage rates and prices
- U.S. existing home sales surged in May to their highest level since December
- US New-Home Sales Increased in March to Fastest Pace of Year
- Toronto Home Sales Increase Most in Nine Months as Buyers Return
- Mortgage rates surge to highest level since July
- Sales of 100% mortgages surged to five-year high last year