Stock Ticker

US existing home sales for April 4.02M versus 4.05M estimate

The US existing home sales for April 2026 shows:

  • Prior month 3.98M revised to 4.01M
  • Existing home sales for April 4.02M vs 4.05M estimate
  • Existing home sales percentage change 0.2%
  • Inventory 4.3% which is steady since February and still near low levels

From NAR Chief Economis Dr Lawrence Yun:

“Despite mixed macroeconomic signals—including a record-high stock market and historically low consumer confidence—home sales were modestly boosted by the continued improvement in housing affordability. Mortgage rates are lower from a year ago, and average income growth is outpacing home price gains.

Inventory still remains tight. Multiple offers, though not as intense as a few years ago, are still occurring. At the same time, days on market are lengthening on average, implying that consumers are taking their time before making decisions.”

Source link

Get RawNews Daily

Stay informed with our RawNews daily newsletter email

US existing home sales for April 4.02M versus 4.05M estimate

The Opener: Olson, Workman, Orioles

Nico Williams suffers ‘moderate’ hamstring injury to join Lamine Yamal on the sidelines in pre-World Cup worry for Spain

Key news, insider trading, valuation & analysts