Honolulu home sales rise 4% in April, national sales rise 2.3%, Re/Max report says


Honolulu home prices rose by 4 percent in April, and Hawaii’s largest market was one of the few in the United States where inventory is growing, according to the May National Housing Report from Re/Max.

Sales of single-family homes and condominiums combined rose 7.84 percent in April, compared to the same month last year, to 853 closed transactions, while the months of remaining inventory rose 4.93 percent to 2.8, the report said.

According to the Honolulu Board of Realtors, single-family homes…

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