US home sales flat in April as lackluster spring homebuying season lurches forward
National Association of Realtors data show sales stayed near a 4 million pace as the median home price rose to a record April high of $417,700.
- Existing Home Sales rose 0.2% last month to a seasonally adjusted annual rate of 4.02 million units, the National Association of Realtors said Monday, though the market showed a lackluster performance.
- FactSet economists expected a pace of roughly 4.12 million units, but the latest sales figure fell short as the housing market continues struggling with sluggish activity through early 2026.
- The median sales price increased 0.9% in April from a year earlier to $417,700, marking an all-time high for April on records dating back to 1999.
- Home prices have risen on an annual basis for 34 consecutive months, yet sales have hovered near a 4 million annual pace since 2023, far short of the historic norm of 5.2 million.
- Sales remained sluggish through the first three months of this year, declining from a year earlier and showing no change compared to April last year following sustained market weakness since 2022.
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Daily Journal
Existing-home sales edge up in April as affordability improves
(The Center Square) – Existing-home sales rose 0.2% in April to a seasonally adjusted annual rate of 4.02 million, rebounding after a 3.6% drop in March, according to the National Association of Realtors.
US home sales flat in April as lackluster spring homebuying season lur
Sales of previously occupied U.S. homes were essentially flat in April, another lackluster showing for the housing market during what’s traditionally its busiest time of the year. Existing home sales edged up 0.2% last month from March to a seasonally adjusted annual rate of 4.02 million units, the National Association of Realtors said Monday. Sales were unchanged compared to April last year. The latest sales figure fell short of the roughly 4.1…
Associated Press News
US home sales flat in April as lackluster spring homebuying season lurches forward
Sales of previously occupied U.S. homes were essentially flat in April, another lackluster showing for the housing market during what’s traditionally its busiest time of the year.
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