Existing-home sales bottom out at a nearly 10-year low — but National Association of Realtors says a recovery is coming

· *Existing home sales slumped 9.7% to a seasonally adjusted annual rate of 3.91 million units in May, the National Association of Realtors said Monday.*
· *Sales now sit at their lowest in nearly a decade, yet the association sees May representing the metric's bottom before bouncing back through the rest of 2020.*
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