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New-home sales continue to be a bright spot in a housing market that’s struggling with high mortgage rates and other economic headwinds.

Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective home shoppers during what’s traditionally the busiest time of the year for the housing market.

No. 10: 717 Lexington Ave. / Neighborhood: Terrace Park / Sale price: $1,550,000 / Listing agent, firm: Steve Early, Sibcy Cline Realtors / Buyer’s agent, firm: Amy Hackett Roe, Coldwell Banker Realty /

Pending home sales were down in April, according to Redfin data, signaling a slower spring home-selling season.

As Home Depot and Lowe’s get set to report earnings this week, April sales data from independent firms have investors gauging the likelihood of recession against the uncertainty of tariff whiplash.