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Home sales barely budge in April as spring buying season off to disappointing start

New York Post·Associated Press·21 days ago
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Sales of previously occupied US homes were essentially flat in April,  another lackluster showing  for the housing market during what’s traditionally its busiest time of the year. Existing home sales edged up 0.2% last month from March to a seasonally adjusted annual rate of 4.02 million units, the National Association of Realtors said Monday. Sales were unchanged compared to April last year. The latest sales figure fell short of the roughly 4.12 million pace economists were expecting, according to FactSet. The latest sales figure fell short of the roughly 4.12 million pace economists were expecting, according to FactSet. Christopher Sadowski for NY Post Sales have been hovering close to a 4-million annual pace now going back to 2023, far short of the historic norm that is closer to 5.2-million. And home prices continued to rise nationally last month, albeit at a slower rate.…

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