Realtor.com: US spring home contract signings rise 4.5%, highest since 2022

• News Corp’s Realtor.com reported spring home contract signings rose 4.5% year over year in April, the strongest reading in three years, signaling the most active spring market since mortgage rates surged in 2022.
• New listings increased 1.4% year to date through April versus 2025; contract signings rose 2.9% over the same period, tightening the gap between supply recovery and demand recovery.
• The median list price per square foot fell 2.4% year over year in April; the share of listings with price cuts declined by 1.25 percentage points, pointing to more realistic initial pricing.
• Midwest metros led markets with gains on both listings and signings, including Kansas City and Louisville, while some Sun Belt markets such as Austin and Phoenix posted higher signings despite fewer listings as earlier price corrections drew buyers back.
• The report flagged May and June as pivotal, with mortgage-rate stability tied to geopolitical uncertainty seen as a key swing factor for whether demand converts into closed sales by early summer.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. News Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: LA64638) on May 21, 2026, and is solely responsible for the information contained therein.