top of page
Search
  • Metro East REIA

Existing Home Sales Drop 2.4% in April

The National Association of Realtors is reporting that existing home sales were down 2.4% in April to a seasonally-adjusted annual rate of 5.61 million (down 5.9% from one year ago). Total housing inventory at the end of April was 1,030,000 units, down 10.4% from one year ago. Unsold inventory sits at a 2.2-month supply at the current sales rate with properties remaining on the market for around 17 days. The median existing-home price for all housing types in April was $391k, which was up 14.8% from one year ago. Continue reading HERE...

1 view0 comments

Recent Posts

See All

The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000, which is 9.8% higher than January’s revised number but is 18.4%

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as January’s figure. Yardi says year-over-year growth continued its downw

bottom of page