April home sales finished just 1% below a year ago as selling times shortened and tight inventory held steady, according to the RE/MAX National Housing Report. Meanwhile, April’s median home price of $255,000 in the report’s 54 markets was up a mere 3.6% – the smallest year-over-year April increase in eight years.
RE/MAX National Housing Report for March 2019
Kicking off the spring homebuying season, March sales climbed almost 29% over February, according to the RE/MAX National Housing Report. But this remains the slowest start in five years, with March sales 8.6% lower than March 2018.
RE/MAX National Housing Report for February 2019
Riding two trends—declining sales and growing inventory— the U.S. housing market continued to transition from a seller’s market to a buyer’s market in February, according to the RE/MAX National Housing Report.
