Home sales in the U.S. are at their highest level since December, according to the National Association of Realtors, while home purchase loans are at a 12-year-low, says real estate analyst ATTOM.
The NAR says homebuying is on an upswing, and reports a 3.2% increase in existing home sales in May over April and a 3.2% increase in sales over last year.
Meanwhile, residential lending of all types – purchase loans, refinances, and home equity loans – fell 13% nationally in the first quarter of 2026 from the previous quarter. Lending was up 5% from a year earlier, reports ATTOM…