Home prices fell by 0.1 percent month over month in April across the United States as buyers hesitated to purchase properties, real estate brokerage Redfin said in a May 20 statement.
The 0.1 percent decline was the first monthly fall in home prices since September 2022. Redfin senior economist Sheharyar Bokhari attributed the relatively flat month-over-month home prices to lower demand and more properties on the market.
