Part 1: Current State of the Housing Market; Overview for mid-May

In this 2-part overview of the housing market for mid-April, I’ll discuss new and existing home inventory and sales, house prices, mortgage rates, rents and more.

New Listings Near Pandemic Low for April

Here is a graph of new listing from Realtor.com’s April 2023 Monthly Housing Market Trends Report showing new listings were down about 21% year-over-year…