“Though rebounding from cyclical lows, home sales are stuck because interest rates have not made any major moves.”

National Association of Realtors chief economist Lawrence Yun commented on the latest housing numbers from March, which saw existing home sales fall 4.3 percent. He added, “There are nearly six million more jobs now compared to pre-COVID highs, which suggests more aspiring homebuyers exist in the market.” Read the CNN article, “U.S. Homes Sales Dropped Last Month as Prices Reach Record March High.”