"Temperatures are heating up, yet the U.S. housing market remains cooler than usual for this time of year due to a combination of low inventory and higher borrowing costs, which have restricted market activity going into the summer homebuying season. According to the latest data from the National Association of REALTORS® (NAR), national existing-home sales climbed 0.2% from the previous month but were down 20.4% compared to the same time last year, as fluctuating mortgage rates and a near alltime low level of inventory continue to influence home sales."

Take a look at the recent data below. Have questions? Give us a shout and we'd be happy to discuss the market data in more detail and how it affects your home's value or next move.