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Pennsylvania’s Rising Home Sales Benefit from Increased Listings

Pennsylvania’s Rising Home Sales Benefit from Increased Listings

by Phil Hall | Jun 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania home sales totaled 10,635 transactions in May, a 16% surge from April but also a 3.8% drop from one year earlier. The Pennsylvania Association of Realtors (PAR) reported more than 41,000 listings were available in the state last month, up 12% on both a...
Kentucky Home Sales Rise Amid Wider Number of New Listings

Kentucky Home Sales Rise Amid Wider Number of New Listings

by Phil Hall | Jun 19, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total number of 4,444 listings were sold in Kentucky during May, a 7.6% increase from April but also a 2% drop from one year earlier. According to Kentucky Realtors, the number of new listings last month totaled 6,670, a 6.3% increase from April and a 7.9% rise from...
California Home Sales, Median Price Down in May

California Home Sales, Median Price Down in May

by Phil Hall | Jun 18, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California recorded 254,190 closed escrow sales of existing, single-family detached homes in May, according to data from the California Association of Realtors (CAR). Last month’s sales pace was down 5.1% from the 267,710 homes sold in April and was down 4% from the...
RE/MAX: Home Sales Up for Fourth Consecutive Month

RE/MAX: Home Sales Up for Fourth Consecutive Month

by Phil Hall | Jun 17, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homes sales during May marked the fourth consecutive month of increases, up 8.6% from April, according to data from RE/MAX. However, May sales were also 3.5% lower year-over-year. Across the 52 metro areas surveyed for RE/MAX’s report, the number of homes for sale...
Report: 28% of Homes Now Selling Above Asking Price

Report: 28% of Homes Now Selling Above Asking Price

by Phil Hall | Jun 12, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Just over 28% of homes are now selling above the asking price, according to a data report from Redfin (NASDAQ: RDFN). This is down from 32% one year earlier and the lowest level for this time of year since 2020 when the pandemic paralyzed the housing market. The share...
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