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US Existing Homes Sales Pace Expected to Accelerate Further in May

BY MT Newswires | ECONOMIC | 02:40 PM EDT

02:40 PM EDT, 06/08/2026 (MT Newswires) -- The National Association of Realtors' measure of US existing-home sales is expected to accelerate to a 4.06 million annual rate in May, based on a survey compiled by Bloomberg, after rising by 0.2% to a 4.02 million rate in April.

Existing-home sales were at a 4.04 million rate in May 2025, so the year-over-year change would be slightly positive.

The data are scheduled to be released at 10:00 am ET Tuesday.

The pending home sales index, also produced by the NAR, was up 1.4% in April and was 3.2% above its reading a year ago. That measure is taken at contract signing and is meant to foreshadow movements in existing homes closings a month or two out.

Recent mortgage application data from the Mortgage Bankers Association indicated that mortgage rates rose in May before falling at the end of the month.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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