The nation’s spring housing market appeared lackluster as April’s existing home sales showed little growth, according to the National Association of Realtors (NAR),
A May 11 Existing Home Sales report from NAR shows that sales of existing homes in April inched up by 0.2 percent from the previous month, to a seasonally adjusted annual rate of 4.02 million. Although the sales number missed market expectations of 4.05 million, it marks a reversal from March, when sales decreased 3.6 percent month over month to 3.98 million.





