Re/Max National Housing Report
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| Credit: Freedigitalphotos.net |
For the second consecutive month, April home sales increased from the previous month’s sales. Overall, April sales were 10.9% higher than March sales. Although credit availability and inventory are tight, April was the 13th consecutive month with fewer inventory losses than the month before.
“After the disruptions to the market at the beginning of the year, it’s a good sign that sales have picked up and have increased for two months in a row. While sales and prices aren’t growing at the rate they did last year, we still remain in a recovery with the market settling into a more substantial growth pattern.”
Margaret Kelly, RE/MAX CEO