Money: Existing Home Sales During April 2025

Existing Home Sales report for April 2025 was released by The National Association of REALTORS® (NAR®) this morning:

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Previous Month: 4,020,000

Actual: 4,000,000

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Change from Previous Month: -0.5% (-2,000 homes)
Change from A Year Ago: -1.96% (-8,000 homes)

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Inventory: 1,450,000 homes.

(4.4 months supply | +250,000 [+20.83%] homes year-on-year.)

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The yellow-highlighted, "actual" figure above represents the preliminary, seasonally adjusted annualized sales count of existing homes, co-ops and condominiums for the indicated month. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

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Median Price: $414,000
Price Change from A Year Ago: +1.82% (+$7,400)

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Click Here for Historical Prices and a Chart.

Click Here for New Home Sales Data.

Click Here for the monthly New Home Sales report.

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From Today's Report:

"...'Home sales have been at 75% of normal or pre-pandemic activity for the past three years, even with seven million jobs added to the economy,' said NAR Chief Economist Lawrence Yun. 'Pent-up housing demand continues to grow, though not realized. Any meaningful decline in mortgage rates will help release this demand.'

'At the macro level, we are still in a mild seller's market,' Yun said. 'But with the highest inventory levels in nearly five years, consumers are in a better situation to negotiate for better deals.'..."