Existing home sales fall in May, boosting housing inventory

Strong buyer demand coupled with limited housing inventories saw sales of existing-homes fall for the four month in a row in May. Existing home sales were down 0.9% compared to the month before, though they will still up 44% on a year over year basis, according to the National Association of Realtors in its latest

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Home inventory grows almost 4% in May

Home inventory rebounded slightly last month amid torrid growth in the housing market, according to the latest Zillow Market Report. Home values continued to rise last month, breaking new records while the typical time on market has fallen to just six days. At the same time, rents across the U.S. are rising fast after stymied

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