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New home listings rise faster than sales in April, increasing inventory and stabilizing prices.

Market News
19 May 2026
PRNewsWire
View Source
Neutral
pluang ai news

In April 2026, new home listings increased by 10.5% while home sales grew by 7.6%, leading to more available inventory and a more balanced housing market. Year-over-year, sales were nearly flat with a 0.1% increase, and new listings slightly declined by 1.3%. The median sales price rose 1.5% to $445,000, marking 34 consecutive months of price growth. This shift provides buyers with more choices and a less competitive market, though conditions vary by neighborhood, with some homes still receiving multiple offers and others lingering if overpriced. Overall, the market shows signs of stability, benefiting both buyers and sellers.

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