On May 20, 2016, National Association of Realtors (NAR) reported that regional existing home sales in the Northeast increased 2.8% in April of 2016 to an annual rate 740,000 homes from March of 2016, and jumped 17.5% from April of 2015. The median price in the Northeast was $263,600 in April of 2016, up 4.1% from April of 2015.
Home sales in the Midwest were higher 12.1% in April of 2016 to an annual rate 1.39 million homes from March of 2016, and rose 12.1% from April of 2015. The median price in the Midwest was $184,200 in April of 2016, higher 7.7% from April of 2015.
Home sales in the South dropped 2.7% in April of 2016 to an annual rate 2.19 million homes from March of 2016, but climbed 4.3% from April of 2015. The median price in the South was $202,200 in April of 2016, increased 6.5% from April of 2015.
Home sales in the West were lower 1.7% in April of 2016 to an annual rate 1,13 million homes from March of 2016, and down 3.4% from April of 2015. The median price in the West was $335,000 in April of 2016, jumped 6.5% from April of 2015, according to Adam DeSanctis of NAR on April 20, 2016.
For more complete information, on NAR's April of 2016 regional existing home sales report, please CLICK HERE
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