NAR reports no change in April pending home sales
The National Association of Realtors announced the percentage of pending home sales did not change in April 2023 when compared to March 2023.
NAR found a 20.3% decrease in home sales from April 2022 compared to April 2023.
NAR’s April 2023 pending home sales numbers by region include:
- Northeast — 11.3% decrease
- Midwest — 3.6% increase
- South — 0.1% increase
- West — 4.7% increase
“Minor monthly variations in regional activity are typical,” said Lawrence Yun, NAR chief economist. “However, cumulative results over many years clearly point toward a much greater number of home sales in the South. The South’s pending home-sales activity is similar to that of 2001, but the Midwest’s activity has decreased by 22% in that same period, and the Northeast and West regions are both about 40% lower than they were in 2001.”
Photo providedJ.J. Bowers joined Rosenfeld Realty Group as a real estate agent.
He served as president of the Greater Greenville Association of Realtors and has also been honored as GGAR Realtor of the Year.
Photo providedBlayne Byars joined Berkshire Hathaway HomeServices C. Dan Joyner Realtors as a sales associate in the company’s Midtown Office.
