“The median price of all types of previously owned houses, condos, and co-ops whose sales closed in April fell year-over-year by 1.7% to $388,800, the third month in a row of year-over-year declines, according to the National Association of Realtors… All-cash sales – often investors and second home buyers – plunged by 22% year-over-year to 94,000 homes in April (a 28% share of 336,000 sales), from 120,000 homes in April 2022 (a 26% share of 463,000 sales).”
