05/31/2026
The "season" has started.. Not as fast as previous years
Pending home sales rose 1.4% month over month and 3.2% year over year in April, according to the National Association of Realtors, as buyers cautiously returned to the spring market.
For-sale inventory improved 4.6% from a year ago, and new listings climbed 1.1% annually while asking prices fell year over year for the sixth consecutive month. Mortgage rates ended April around 6.3%, roughly half a percentage point below a year ago, preserving some buying power.
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