Existing-home sales for all types of residences were roughly flat in April, rising just 0.2% month over month to a rate of 4.02 million transactions, the National Association of REALTORS® said. Year over year, sales were flat. 

The median-existing sales price for all housing types rose 0.9% year over year to $417,700, its 34th consecutive increase. 

“Despite mixed macroeconomic signals — including a record-high stock market and historically low consumer confidence — home sales were modestly boosted by the continued improvement in housing affordability,” said NAR Chief Economist Lawrence Yun. “Mortgage rates are lower from a year ago, and average income growth is outpacing home price gains.” 

Single-family sales, meanwhile, were unchanged month over month at 3.64 million, which represented a 0.3% dip from April 2025. The median single-family sales price was up 1% annually to $422,300. 

Condominium and co-op sales were up 2.7% both month over month and year over year to an annual rate of 380,000. The median price rose 1.1% from April 2025. 

Regionally, month-over-month sales increased in the Midwest and the South, were flat in the Northeast and declined in the West. Year-over-year sales rose in the South, were unchanged in the West and fell in the Northeast and Midwest. 

Inventory rose 5.8% month over month and 1.4% year over year to 1.47 million homes, which equals a 4.4-month supply of unsold inventory, up from 4.2 months in March and 4.3 months in April 2025. 

The average 30-year fixed-rate mortgage in April was 6.33%, up from 6.18% in March and down from 6.73% a year earlier. 

“Inventory still remains tight,” Yun said. “Multiple offers, though not as intense as a few years ago, are still occurring. At the same time, days on market are lengthening on average, implying that consumers are taking their time before making decisions.”