WASHINGTON, June 30, 2017 /PRNewswire/ -- May was an uneven month for the housing market. The robust demand for buying a home helped spur an uptick in existing sales, but weak inventory levels continued to push up price growth while slowing the number of home contract signings.
Visit https://www.nar.realtor/videos/housing-minute to watch a 45-second, animated video from the National Association of Realtors® summarizing how the housing market performed in May.
The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing more than 1.2 million members involved in all aspects of the residential and commercial real estate industries.
Information about NAR is available at www.nar.realtor. This and other news releases are posted in the "News, Blogs and Videos" tab on the website.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/video-realtors-housing-minute-an-animated-story-of-market-activity-in-may-300482514.html
SOURCE National Association of Realtors