National home sales down again

National home sales is down again despite the dramatic mortgage rate fall. Housing market is peaking.

Existing-home sales in the West rose 1.8% to an annual rate of 1.11 million in April, 5.9% below a year ago. The median price in the West was $395,100, up 1.3% from April 2018.

Price is still higher though. Let it fall… :smiling_imp: