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Month-Over-Month 0.2% increase in existing-home sales—seasonally adjusted annual rate of 4.02 million in April 5.8% increase in unsold inventory—1.47 million units equal to 4.4 months’ supply Year-Over-Year No change in existing-home sales 0.9% increase in median existing-home sales price to $417,70

New York Gov. Kathy Hochul announced a handshake budget deal this week that includes a controversial pied-à-terre tax on second homes in New York City. The move reflects an increasingly popular tactic for lawmakers facing affordability crises that are squeezing constituents while blowing holes in st