🏠 [Global Report] Second Week of May 2026 Market Update Even as the spring moving season begins across the United States, the existing-home sales market remains largely stagnant due to a persistent shortage of available inventory. According to the latest report from the National Association of REALTORS® (NAR), existing-home sales in April 2026 increased only slightly by 0.2% from the previous month, showing that the market is still struggling to gain momentum. 📊 Key Market Indicators at a Glance April 2026 Existing-home sales: Up 0.2% month-over-month, essentially flat Median existing-home price: $417,700, up 0.9% year-over-year Housing inventory: Up 6% from the previous month, but only slightly higher year-over-year, showing that supply remains limited Average mortgage rate: 6.33%, lower than the same period last year, offering some relief to buyers 🔍 Market Analysis 1. “There Are Not Enough Homes to Buy” — Inventory Shortage Keeps Sales Low Despite the typical seasonal increase in buyer activity during spring, home sales have not increased…

According to Zillow’s March 2026 market report, the U.S. housing market remained more active than many expected, even as mortgage rates moved higher again. Pending home sales increased sharply, home values continued to rise modestly, and housing inventory kept growing. In March alone, 281,546 homes newly went under contract, making it the second-highest monthly total since August 2022. That figure was up 4.6% compared with the same time last year and up 29.8% from February. Zillow interpreted this as a clear sign that the spring housing market has started in earnest. However, the stronger market activity was not driven by lower rates alone. Zillow noted that several factors helped boost the market in March, including pent-up demand after three years of relatively weak sales activity, delayed moves following winter storms in January and February, and the benefit of somewhat lower mortgage rates earlier in the year. Still, by late March, mortgage rates had climbed from 5.98% at the end of February…