April 2026
U.S. existing-home sales fell 3.6% month-over-month and 1.0% year-over-year to a
seasonally adjusted annual rate of 3.98 million, according to the National
Association of REALTORS® (NAR), as tight supply and ongoing affordability
challenges constrained activity. Sales declined month-over-month in all four regions.
Year-over-year, sales increased in the South and West but fell in the Midwest and
Northeast.
New Listings were up 13.3 percent to 2,005. Pending Sales increased 10.3 percent
to 1,546. Inventory grew 32.7 percent to 3,625 units.
Median Sales Price was up 2.2 percent to $280,000. Days on Market increased 9.8
percent to 56 days. Months Supply of Inventory was up 24.0 percent to 3.1 months.
Nationally, the median existing-home price rose 1.4% from a year earlier to
$408,800, marking the 33rd consecutive month of year-over-year price increases as
limited inventory continued to put upward pressure on prices, NAR said. There were
1.36 million homes for sale heading into April, up 2.3% from a year earlier,
representing a 4.1-month supply at the current sales pace.
Information courtesy of CMLS*
