April's Record-Breaking Housing Price Appreciation, Median Existing Home Price

Jeffrey Abalos highlights April marking the third straight monthly decline in existing home sales. 2020 saw the fastest pace of home sales in 14 years. He notes annual price appreciation was more than 19% in April, the strongest levels seen since 1999. Plus, the median existing-home price hit $341,600 in April, which is the highest on record.

Market Overtime

25 May 2021

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April's Record-Breaking Housing Price Appreciation, Median Existing Home Price

Jeffrey Abalos highlights April marking the third straight monthly decline in existing home sales. 2020 saw the fastest pace of home sales in 14 years. He notes annual price appreciation was more than 19% in April, the strongest levels seen since 1999. Plus, the median existing-home price hit $341,600 in April, which is the highest on record.

Market Overtime

25 May 2021