Existing Home Sales Hit Lowest Annual Pace Since 1995
DA
Drew Ashworth
mortgage application volume · Apr 14, 2026
Source: DojiDoji Data Terminal
Existing home sales ran at a 3.98 million pace in March, the lowest annual pace since 1995. The National Association of Realtors reported the figure on April 13. The group revised its forecast for the year down to a 4% increase from a previous December forecast of 14%.
Rising mortgage rates have caused mortgage applications to fall for four straight weeks. The National Association Association of Realtors Chief Economist Lawrence Yun stated that low inventory and high prices are holding back buyers.
Consumer sentiment plunged to the lowest level ever recorded. Assessments of personal finances declined about 11%, with consumers expressing an increase in concerns over high prices and weaker asset values.
mortgage application volume
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