Sales of existing homes rose very slightly in May from April but were still weaker than they were a year ago. Prices rose, hitting a record high for May.

There are 20% more homes for sale this May — but it hasn't been enough to pull buyers off the sidelines amid high mortgage rates and economic uncertainty.

Sales of existing homes rose very slightly in May from April but were still weaker than they were a year ago. Prices rose, hitting a record high for May.