4th Look at Local Markets in April

Expect the NAR to Report Sales of around 4.33 million for April

Yesterday, housing economist Tom Lawler noted:

Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 4.33 million in April, down 2.5% from March’s preliminary pace and down 22.3% f…