Some Highlights:
- Existing Home Sales are now at an annual pace of 5.46 million.
- Inventory of existing homes for sale dropped to a 4-month supply, marking the 35th month in a row of declines.
- The median price of homes sold in April was $257,900. This is the 74th consecutive month of year-over-year price gains.
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![Drop in Inventory Fuels Sales Slowdown [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/05/24164440/EHS-APR-KCM-ENG.jpg)

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