Housing Supply Increased for The Second Month In A Row As Home Sales Decline, RE/MAX Reports
Typically a hot month for home sales, May 2022 saw closed transactions dip 8.5% lower than the same time last year. May is usually an active month for home sales – but May 2022 saw an 8.5% decrease in closings year-over-year. RE/MAX, LLC President and CEO Nick Bailey doesn’t consider this change all that surprising,…