Tag Archives: Mortgages

Following yesterday’s collapse in new home sales, NAR reports that existing home sales in April also disappointed – dropping 2.3% (and March revised lower). This drop happens as median home prices spiked 6.0% YoY to record highs as sales declines are blamed once again on a lack of supply (forget affordability?). Highlights include: Existing-home sales […]Continue reading “Q2 Home Sales Trend”