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Home Sales Market Update-May 2023

PUBLISHED THU, JUN 22 2023 10:00 AM EDT UPDATED THU, JUN 22 2023 10:39 AM EDT Diana Olick @DIANAOLICK @DIANAOLICKCNBC @IN/DIANAOLICK KEY POINTS Home sales inched higher in May from April, according to the National Association of Realtors. High interest rates, inflated prices and tight supply are weighing on the traditionally busy spring market. Compared with a year e...