Existing Home Sales Report April 2026

April existing home sales rose a marginal 0.3% to 4.02 million units as high mortgage rates and low affordability continue to suppress market activity. Inventory levels improved to 4.4 months of supply, approaching pre-pandemic norms, while annual price growth slowed to 0.9%.

Key Takeaways

• 1.Existing home sales rose marginally by 0.3% in April to 4.02 million units, remaining well below pre-pandemic levels.
• 2.Housing inventory is recovering, rising 5.8% in April to reach 4.4 months of supply, which is near pre-pandemic levels.
• 3.Home price growth is slowing, with the median sales price rising only 0.9% year-over-year in April.

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