Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

Existing-Home Sales Fell 2.7% in April Compared with March But Remain Up Year-Over-Year

Existing-home sales dropped 2.7% in April compared with March but were up 33.9% compared with April 2020, data from the National Association of Realtors (NAR) show.

The massive year-over-year increase is due to the economic impact of the pandemic, which peaked in April 2020.

However, on a month-over-month basis, April marked three straight months of declines, due mainly to a lack of inventory and rising home prices.

Total existing-home sales – including single-family homes,

This post was originally published on this site

Brent Bowen

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Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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