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  • Jul 3, 2024

  • Jun 13, 2024

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    • 5:08PM ET on Thursday Jun 13, 2024 by Dow Jones
      Companies Mentioned: RMAX

      1708 ET - U.S. home sales in May grew 10.9% over the prior month and 0.7% over last May, despite a monthly increase in the median sales price, RE/MAX says in their May national housing report. The median sales price for homes in May rose 2.4% from April, and was up 4.8% from May 2023, at $435,000, RE/MAX says. Monthly homes sales exceeded 2023 monthly sales totals for four of the five months in the calendar year, according to RE/MAX. Amy Lessinger, President of RE/MAX, said"More sellers are seeing the advantages of listing their homes now. They're getting their asking price and enjoying the benefits of a relatively quick sale." (stephen.nakrosis@wsj.com)
    • 4:55PM ET on Thursday Jun 13, 2024 by Dow Jones
      Companies Mentioned: RMAX

      1655 ET - The inventory of homes for sale and the number of new listings in the U.S. grew in May, to levels not seen since the second half of 2022, RE/MAX says in its monthly housing report. The number of homes for sale across 53 metro areas rose 8.7% over April and was up 39.6% year over year, RE/MAX says. The number of new listings in the month continued a trend of double-digit percentage increases over 2023 levels, rising 15.1% in May, after gains of 18.2% in April, and 17.6% in March. Amy Lessinger, President of RE/MAX, said growing inventory gives buyers more options, with more sales activity being seen. (stephen.nakrosis@wsj.com)
    • 4:11PM ET on Thursday Jun 13, 2024 by PR Newswire
      Companies Mentioned: RMAX

      Inventory Jumped 40%, Home Prices Increased 5%, Sales Exceed 2023 Pace

      In May, both inventory and new listings grew to levels not seen since the second half of 2022. The number of homes for sale, as surveyed across 53 metro areas, also increased, rising 8.7% over April and 39.6% year over year. And for the third consecutive month, the number of new listings exceeded 2023 levels by double-digit percentages - 15.1% in May, 18.2% in April, and 17.6% in March.