National home sales fell by 5.6% on a month-over-month basis in June.
Actual (not seasonally adjusted) monthly activity came in 23.9% below the June record set in 2021.
The number of newly listed properties was up 4.1% month-over-month.
The MLS® Home Price Index (HPI) edged down 1.9% month-over-month but was still up 14.9% year-over-year.
The actual (not seasonally adjusted) national average sale price posted a 1.8% year-over-year decline in June.
Source: CREA
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