Published May 11, 2026, 10:00 AM ET · Updated 6 months ago · 3 sources
US Existing-Home Sales Barely Rise as Key Selling Season Begins
bloomberg
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Original Report
INFERY
Sales of previously owned US homes saw a slight increase of 0.2% in April, reaching a 4.02 million annualized rate, but the housing market remains sluggish. Elevated mortgage rates, high asking prices, and strained household budgets due to energy costs continue to challenge buyers. Despite a record median selling price of $417,700 and increased inventory, affordability has declined in recent months.