Home sales just posted their slowest May in 16 years

todayJune 23, 2025 3

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AUSTIN, TEXAS – APRIL 24: A home is seen for sale on April 24, 2025 in Austin, Texas. Home sales plummeted 5.9% in March, leading to the market’s biggest decline since 2022. The housing market is worse than analysts expectations, with mortgage rates rising beyond six percent. (Photo by Brandon Bell/Getty Images)

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