- March existing home sales decreased 0.2% to an annualized rate of 4,590 thousand units, according to the National Association of Realtors. The median sales price of existing houses sold was $198.0 thousand, 5.4% above a year ago.
- March new home sales decreased 14.5% to an annualized rate of 384 thousand units. The median sales price of existing houses sold was $290.0 thousand, 12.6% above a year ago.
- U.S. House prices increased 0.6% on a seasonally adjusted basis from January to February, according to the Federal Housing Finance Agency’s (FHFA) monthly House Price Index. For the 12 months ending in February, U.S. prices rose 6.9%.
- The results of Freddie Mac’s Primary Mortgage Market Survey of April 24th showed average fixed mortgage rates increasing for the week.
- Mortgage applications decreased 3.3% from a week earlier, according to data from Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending April 18th.
- The advance figure for initial claims for unemployment insurance rose 24 thousand to 329 thousand in the week ending April 19.
- The Conference Board index of leading economic indicators increased 0.8% in March, while the coincident index increased 0.2%.
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