Selasa, 21 Juni 2011
Existing Home Sales Report: May 2011

Single family home sales declined a whopping 3.2% from April falling 15.4% below the level seen last year while the median selling price declined a notable 4.5% below the level seen in May 2010.
Further, inventory of single family homes remains high declining just 1.1% from April and 2.1% below the level seen in May 2010 which, combined with the relatively slow pace of sales, resulted in a increase in the monthly supply to 9.0 months.
The following charts (click for full-screen dynamic version) shows national existing single family home sales, median home prices, inventory and months of supply since 2005.
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