Story perspectives

April Home Sales Dip, Prices Rise Amid New Growth

5/25/2025

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Summary

Story summary

Existing-home sales in the U.S. decreased by 0.5% in April 2025, totaling 4.00 million units, down 2% year-over-year.
The median price for existing homes increased to $414,000, reflecting a 1.8% rise from the previous year.
New single-family home sales jumped 11% to 743,000 units, with a median price of $407,200.
Inventory for existing homes rose to 1.45 million, while new home inventory slightly fell to 504,000 units.
First-time buyers accounted for 34% of sales, particularly in the higher-priced segment.

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Story summary

Existing-home sales in the U.S. decreased by 0.5% in April 2025, totaling 4.00 million units, down 2% year-over-year.
The median price for existing homes increased to $414,000, reflecting a 1.8% rise from the previous year.
New single-family home sales jumped 11% to 743,000 units, with a median price of $407,200.
Inventory for existing homes rose to 1.45 million, while new home inventory slightly fell to 504,000 units.
First-time buyers accounted for 34% of sales, particularly in the higher-priced segment.