In May, existing home sales in the United States hit a new high for the year, with first-time buyers returning at an accelerated pace. Signs of a warming real estate market are becoming apparent.
According to the Wise Finance APP, data released by the National Association of Realtors (NAR) in the United States showed that existing home sales in May increased by 3.2% month-on-month, with an annualized rate of 4.17 million units after seasonal adjustments. This is the fastest sales pace so far this year and exceeds the expectations of all economists in the media survey.
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