Real Estate — Existing Home Sales Slow as Commercial Real Estate Activity Rises

Real Estate · 2026-04-14

TODAY'S SIGNAL — The residential and commercial real estate markets are moving in sharply divergent directions. March existing home sales fell 3.6% to 3.98 million units — the weakest March since 2009 — even as median prices notched a 33rd consecutive month of year-over-year gains, underscoring a market frozen by affordability constraints rather than weakening demand. Meanwhile, commercial real…