Sep 16, 2022 | National Housing Report
According to August data in the RE/MAX National Housing Report, home sellers, on average, accepted offers below their listing prices last month – a further indication of rebalancing in the housing market. Across the report’s 51 metro areas, the average Close-to-List...
Aug 16, 2022 | National Housing Report
A double-digit drop in home sales from June to July fueled a double-digit increase in homes for sale, triggering the first decline in the Median Sales Price since January. July’s Median Sales Price of $415,000 was down 2.9% from June and the lowest since...
Aug 5, 2022 | Buy A Home, Home Prices, Home Sales, Sell A Home
According to RE/MAX, the number of homes for sale increased in June 2022, while home prices stabilized. The first half of 2022 has come and gone. And, based on early indications and several results from June, the ultra-competitive, multiple-offer conditions for...
Jul 26, 2022 | National Housing Report
Halfway through the peak summer buying season, this year’s home sales are falling short of 2021’s, as signs of more balance in the market take hold. • June posted the most home sales of any month thus far this year, topping May by 4.7% but falling 17.6% short of June...
Jun 20, 2022 | National Housing Report
Although May is one of the most active months of the year for home sales, closings in May 2022 were 8.5% lower than May 2021. They did, however, climb 5.8% over April. That month-over-month increase was approximately half of the average gain in May during the...