{"id":3202937,"date":"2021-06-28T13:30:00","date_gmt":"2021-06-28T17:30:00","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=138804"},"modified":"2021-06-28T13:30:00","modified_gmt":"2021-06-28T17:30:00","slug":"why-did-home-sales-miss-the-mark-in-may","status":"publish","type":"post","link":"https:\/\/berkshirelawllc.com\/?p=3202937","title":{"rendered":"Why Did Home Sales Miss the Mark in May?"},"content":{"rendered":"<p>The average selling prices for homes continue to blast new records each month\u2014and both prospective buyers and homebuilders are feeling the effects. Add in a once-in-a-decade mix of high material costs and ongoing construction labor shortages, and you have more than enough reasons to expect the pace of home sales to slow down, despite friendly mortgage rates. <\/p>\n<style>#post-3202937 .CPlase_panel {display:none;}<\/style>\n","protected":false},"excerpt":{"rendered":"<p><strong>By Ryan Barnes<\/strong> The average selling prices for homes continue to blast new records each month\u2014and both prospective buyers and homebuilders are feeling the effects. Add in a once-in-a-decade mix of high material costs and ongoing construction labor shortages, and you have more than enough reasons to expect the pace of home sales to slow down, despite friendly mortgage rates. <a href=\"https:\/\/berkshirelawllc.com\/?p=3202937\">Read More<\/a><\/p>\n","protected":false},"author":256,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[8539,46434],"tags":[],"class_list":["post-3202937","post","type-post","status-publish","format-standard","hentry","category-blog-articles","category-real-estate-news-commentary"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why Did Home Sales Miss the Mark in May?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/berkshirelawllc.com\/?p=3202937\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Did Home Sales Miss the Mark in May?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/berkshirelawllc.com\/?p=3202937\" \/>\n<meta property=\"og:site_name\" content=\"Real Estate Attorney Indianapolis Indiana | Quiet Title &amp; Business Law\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BerkshireLaw\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-28T17:30:00+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/berkshirelawllc.com\/wp-content\/themes\/berkshirelawllc-v2\/images\/logo-square.png\" \/>\n<meta name=\"author\" content=\"Ryan Barnes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BerkshireLawLLC\" \/>\n<meta name=\"twitter:site\" content=\"@BerkshireLawLLC\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ryan Barnes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/berkshirelawllc.com\/?p=3202937#article\",\"isPartOf\":{\"@id\":\"https:\/\/berkshirelawllc.com\/?p=3202937\"},\"author\":{\"name\":\"Ryan Barnes\",\"@id\":\"https:\/\/berkshirelawllc.com\/#\/schema\/person\/27f6730dc0b80e40668ea65a73d20070\"},\"headline\":\"Why Did Home Sales Miss the Mark in May?\",\"datePublished\":\"2021-06-28T17:30:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/berkshirelawllc.com\/?p=3202937\"},\"wordCount\":67,\"articleSection\":[\"Blog Articles\",\"Real Estate News &amp; 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