(FILES) A for sale sign in front of a home in Arlington, Virginia, on August 22, 2023. Existing home sales in the United States edged lower in May as prices reached a record high on continued tight inventory, according to industry data published on June 21, 2024. Sales of previously owned homes fell by 0.7 percent from a month earlier to a seasonally adjusted annual rate of 4.11 million, the National Association of Realtors (NAR) said in a statement. (Photo by Andrew Caballero-Reynolds / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

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