If Home Sales Are Going To Slow, April Did Not Show It

Many wonder or suspect if home sales will slow in 2022 because of rising mortgage interest rates. 

That is certainly just one of the reasons why home sales could slow -- they could also slow because there aren't enough homeowners willing to sell their homes.  Low supply = slow sales.

Above, you'll see that we've seen just about the same number of home sales this year as last year during the first four months of the year.

Furthermore, home sales this April were stronger than last April!?

Finally, there are likely still some April home sales that closed this past Friday that aren't showing up in the MLS yet.

So... if home sales are really going to slow down in 2022, it doesn't seem that April sales figures are showing that.

Maybe things will slow down in May?

Or maybe not!