The March Existing Home Sales Data Report | Episode 124 | 04-19-2024

With the latest home sales data, we saw March’s unexpected slide in existing home sales that has everyone talking, and we’re breaking down the nuances that could change your perspective on the housing market. As spring selling season kicks off, it’s not all doom and gloom; we’ve spotted some bright spots, including a much-needed increase in housing supply. In this episode, we analyze the regional sales fluctuations, the uptick in median home prices after months of decline, and how these factors play into the Fed’s approach to inflation and interest rates.

While the Northeast saw a spike in sales, the rest of the country grapples with affordability as mortgage rates and prices climb. We look at stubborn housing price pressures that continue to affect the economy.

https://youtu.be/R-ESadqGD0E