The median sales price of an existing home grew 23.6% annually in May to a record $350,300, according to data released Tuesday.
The National Association of Realtors reported that the median sale price of a home in May rose at the greatest year-over-year pace since at least 1999, up from $283,500 last year and $340,600 in April. The price increase comes as high buyer demand and scarce homes for sale have fueled a highly competitive housing market.
“Probate real estate requires more than traditional transactional expertise,” said Harma Hartouni, CEO at Equity Union. Continue Reading Equity Union Real Estate Launches Probate Division
“March housing starts data point to a continued loss of momentum in housing construction,” said CMHC’s Mathieu Laberge. Continue Reading Canadian Housing Starts Down 6% in March
Collins will succeed John Anzalone, who is retiring on April 30 after a nine-year tenure as CEO. Continue Reading Invesco Mortgage Capital Promotes Kevin Collins to CEO
Albert Stroble has been a real estate agent affiliated with Compass since May 2025. Continue Reading Pennsylvania Real Estate Agent Charged with Possessing Child Pornography
“A person moving into the typical rental spends less each month than someone buying a starter home today,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Report: Renting a Home Is More Affordable Than Homeownership in All 50 Major Metros
The firm is now doing business as Better Homes and Gardens Real Estate Executive Real Estate. Continue Reading Connecticut Brokerage Joins Better Homes and Gardens Real Estate Brand
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