Sales of previously owned U.S. homes rose 3.2% in May from April to a seasonally adjusted annual rate of 4.17 million, the National Association of Realtors said Tuesday. The pace was the fastest since December and topped forecasts, including a Dow Jones estimate of 4.05 million. The increase followed a slow start to the spring selling season, while borrowing costs and prices remained high. Unsold inventory rose to about 1.55 million homes, up 3.3% from April and 0.6% from May 2025. NAR chief ...

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