![Drop in Inventory Fuels Sales Slowdown [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2018/05/24164635/EHS-APR-STM-ENG-1046x1354.jpg)
Some Highlights:
- Existing Home Sales are now at an annual pace of 5.46 million.
- Inventory of existing homes for sale dropped to a 4-month supply, marking the 35th month in a row of declines.
- The median price of homes sold in April was $257,900. This is the 74th consecutive month of year-over-year price gains.