NAR: Monthly existing home sales fall 0.4% in April

Southern existing-home sales fell 0.4% to an annual rate of 2.27 million in April. This is down 1.7% from last year. The median price in the South rose to $236,800, increasing 4.4% from April 2018. Lastly, existing home sales in the West grew 1.8% to an annual rate of 1.11 million in April, which is a 5.9% below April 2018.

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Existing-home sales in the South modestly dropped 0.4% to an annual rate of 2.27 million in April, down 1.7% from a year ago. The median price in the South was $236,800, up 4.4% from a year ago. Existing-home sales in the West grew 1.8% to an annual rate of 1.11 million in April, 5.9% below a year ago.

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“A significant breakout in existing home sales is unlikely this year.” Existing home sales fell 0.4. april. Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4% from a year.

The numbers: Existing-home sales ran at a seasonally adjusted annual 5.19 million rate in April, the National Association of Realtors said Tuesday. That was 0.4% lower than March and 4.4% lower.

In April, existing home sales fell slightly from the previous month, but growing inventory signaled improvement in the market, according to the latest report from the National Association of Realtors..

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Sales of existing homes fell for a second straight month in April, but the market should rev up soon, the National Association of Realtors (NAR) said on Tuesday. Home sales dipped 0.4% from March to a.

The National Association of Realtors (NAR) reports Existing-Home Sales Inch Back 0.4% in April.. Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors.

A sizable drop in mortgage interest rates didn’t do much to help home sales in April, as high prices and tight supply at the low end of the market continued to sideline buyers. Sales of existing U.S..

Existing-home sales in the South modestly dropped 0.4% to an annual rate of 2.27 million in April, down 1.7% from a year ago. The median price in the South was $236,800, up 4.4% from a year ago.

Southern existing-home sales shot up 14.9% to an annual rate of 2.39 million in February. This is down 0.4% from last year. The median price in the South rose to $219,300, increasing 2.5% from.

Existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month. March’s sales pace was unrevised at 5.21 million units. Economists polled by Reuters had forecast existing home sales rising 2.7% to a rate of 5.35 million units in April.