Homebuyers face challenges as prices reach new heights. A recent report shows a slowdown in sales, with a decrease from the previous month. Compared to the same time last year, sales have actually increased slightly.

Economists had predicted a higher number of sales, but the actual figure fell short. The current pace of home sales is lower than typical historical levels.

For more information on the current state of home sales and prices, readers can consult the full report from the National Association of Realtors.