Thursday, 28 October 2021 | The Latest Buzz for the Appraisal Industry

Existing-Home Sales Increased in June

After decreasing for four consecutive months, existing-home sales increased 1.4% in June compared with May and were up 22.9% compared with May 2020 according to the National Association of Realtors (NAR).

The year over year comparison should be taken with a grain of salt, as the impact of the pandemic on the housing market was still peaking in early June 2020. 

Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops,

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