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.”