The median home sales price in the United States jumped 2.4 percent in April from a year ago, the largest increase since March 2025, real estate brokerage Redfin said in a May 12 statement.
The company attributed the price increase to more buyers entering the housing market amid a stabilizing job market. In April, the United States added 115,000 jobs, well above the expected 62,000.
“The April jobs report showed stronger-than-expected hiring, reducing recession risk. This likely helped fuel a pop in housing demand. Pending home sales hit the highest level since February 2023 last month, rising 2 percent from the month before—the largest increase since March 2025,” Redfin said….