A U-Haul parked outside an Allen Edwin Home in the Applegate community in Kalamazoo County, Michigan on Monday, Dec. 13, 2021. (Joel Bissell | MLive.com)Joel Bissell | MLive.com

After nearly two years of selling at a breakneck pace, Michigan’s housing market seems to be slowing down.

Following a national trend, July sales in Michigan were down 15.5% year-over-year, according to Michigan real estate data company Realcomp. Nationwide, existing home sales have been decreasing for five consecutive months.

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