The spring housing market’s displaying important indicators of pressure. Current house gross sales in April dropped to ranges not seen for that month since 2009. Gross sales fell 0.5% from March to a seasonally adjusted annual charge of 4 million items, in line with the Nationwide Affiliation of Realtors (NAR). That’s a 2% lower in comparison with April of final yr, falling wanting economists’ expectations of a 2.7%
