NAR: Monthly existing home sales fall 0.4% in April
National Association of Realtors | May 21, 2019
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. Total existing home sales completed transactions that include single-family homes, townhomes, condominiums and co-ops retreated 0.4% from March to a seasonally adjusted rate of 5.19 million in April. This report reveals sales are 4.4% below April 2018’s rate.