We’re seeing a small spring rebound, with brand-new listings of homes for sale ticking up.

New listings of U.S. homes for sale increased 3% year over year throughout the 4 weeks ending April 19, the greatest boost since November.

Pending home sales fell 1.2% year over year, the smallest decline in about a month. Mortgage-purchase applications rose 10% week over week.

Some home sellers and buyers have actually entered the market as home mortgage rates decrease. The weekly typical mortgage rate fell to 6.3% from 6.46% 2 weeks earlier, bringing the median regular monthly housing payment down 1.4% year over year. In addition, there were some indications last week that completion remained in sight for the Iran war, which sent oil costs down momentarily. That may have brought some home sellers and purchasers off the sidelines as they felt more self-confidence in the economy.

Still, this spring’s homebuying season is off to a sluggish start. Mortgage rates are still above the sub-6% rates we saw briefly in February, and home-sale prices are up 2% year over year. In addition to elevated expenses, some Americans are shying away from offering or buying homes since the economy feels shaky, partly due to issues about job security and the Iran war.

“The leaves are turning green, the flowers are flowering, and more sellers are listing their homes in hopes of moving before the next academic year starts,” said Adrianna Berlin, a Redfin agent in Grand Rapids, MI. “While some people are holding back on selling or buying since they’re holding out hope that mortgage rates will drop, the majority of have pertained to terms with today’s costs. The people who require to move this summer season are beginning to note their homes or prepare for listing.”

A recent Redfin analysis discovered that late April is the best time to note a home for sale across the country, though the prime window varies by area.

For Redfin economists’ handles the housing market, please see Redfin’s “From Our Economic experts” page.

Leading indications

Indicators of homebuying

need and activity Worth(if suitable )Recent modification Year-over-year change Source Everyday average 30-year set mortgage rate 6.32%(April 22)Down from 6.64

%about

a month earlier Down from 6.98% Home loan News Daily Weekly typical 30-year set home mortgage rate 6.3 % (week ending April 16) Down from 6-month high 2 weeks previously Below 6.62 %Freddie Mac Mortgage-purchase applications( seasonally changed) Up 10 %from a week previously (as of week ending April 17)Up 14 %Mortgage Bankers Association Google searches of”homes for sale”Up 5% from a month previously (as of April 18) Up 18% Google Trends Touring activity Up 32%from the start of the year (as of April 18 )At this time last year, it was up 35% from the start of 2025 ShowingTime Secret housing-market information U.S. highlights: Four weeks ending April 19, 2026 Redfin’s national metrics include data from 400 +U.S. city areas and are based on homes noted and/or offered throughout the period. Weekly housing-market data

returns through 2015. Topic

to

modification. Four weeks ending April 19, 2026

Year-over-year change Notes Average price$394,687 2%Typical asking cost$ 427,475 2.7 %Median month-to-month home loan payment$2,740 at a 6.3%mortgage rate -1.4%Pending sales 89,393 -1.2 %Brand-new listings 107,644 3% Greatest increase because November

Active listings 1,110,922 -2.6 %Greatest decline because 2023 Months of supply

4.2 Unchanged 4 to
5 months of supply is considered balanced, with a lower number
suggesting seller’s market conditions Share of homes off market
in two weeks 38.9 %Basically the same Median days on market 46 +4 days Share of homes offered

above
market price 24.9 %Down from 26 %
Average sale-to-list rate ratio 98.7 % Down from 98.8%Metro-level highlights: Four weeks ending April 19, 2026 Redfin’s metro-level information includes the 50 most populated U.S. metros. Select
metros may be left out from time

to time to guarantee information accuracy. Metros with biggest year-over-year boosts Metros with greatest year-over-year decreases Notes Median list price Detroit(
14.8% )San Francisco (11.7% )Cleveland(11 % )Providence, RI(10.6%
)Pittsburgh (9.7%)Austin, TX (-3.6%)
Riverside, CA(-3.4%) Seattle(-3 %)Minneapolis(

-2.7% )Las Vegas (-2.4%)Decreased in 18
cities Pending sales West Palm Beach , FL(19.6%) Miami (10.6%

)Milwaukee( 6.2%)Austin, TX( 4.3%) Pittsburgh(3.7%) Houston(

-14.5%)Seattle(-11.7 %)Providence, RI( -9.6%)Nassau County, NY (-9.4%) Detroit (-9.2% )New listings Milwaukee, WI( 22.2%)Montgomery County, PA(20.6%

)Pittsburgh (15.4%) Washington, D.C. (14.4%)Minneapolis

(14%)Tampa, FL(-10.9 %)Riverside, CA (-10.7%)Jacksonville, FL

(-10.2%)Las Vegas(-9.7%)Orlando

, FL(-8.1%)Describe our metrics meaning page for explanations of all

the metrics used in this

report.

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