Existing Home Sales Manage to Increase Two Months Straight

HousingWire, May 20, 2016–Swanson, Brena

Existing home sales managed to once again overcome today’s low-inventory environment and move higher for the second consecutive month, according to the National Association of Realtors. So far this spring has yet to take off due to a flurry of factors that are growing into the “perfect storm” to hinder housing, explained Kevin Golden, director of analytics with a la mode, at the Mortgage Bankers Association’s Secondary Market conference in New York City.

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