Is The Hot Housing Market Starting To Cool?

“According to Realtor.com, the median national price for active listings grew 15.2 percent in May 2021 compared with May 2020 to $380,000, a record high. However, that pace of growth in May was lower than the 17.2 percent increase in April year-over-year and is the first time the annual growth rate has slowed in 13 months…a few other indications that the housing market may be returning to a more normal pace, such as the decline of pending sales by 3 percent for the four-week period ending May 2, compared with a 2 percent increase during that same period in 2019…”

Read More at The Washington Post