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RE/MAX: Increased Inventory and New Listings Help Fuel Rising Home Sales

RE/MAX: Increased Inventory and New Listings Help Fuel Rising Home Sales

by Phil Hall | Jun 14, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales were up in May thanks to inventory and new listings reaching levels that have not been seen since the second half of 2022, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). In the 53 metro areas tracked by RE/MAX in May,...
San Jose to Allow Homeowners to Sell ADUs

San Jose to Allow Homeowners to Sell ADUs

by Phil Hall | Jun 14, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

San Jose is ready to become the first California city that will allow homeowners to sell accessory dwelling units (ADUs) on their property. According to an NBC Bay Area report, San Jose issued over 460 permits enabling homeowners to build ADUs on their property after...
Toronto Home Sales and Prices Declined in May

Toronto Home Sales and Prices Declined in May

by Phil Hall | Jun 5, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Greater Toronto Area recorded 7,013 home sales in May, according to new data from the through the Toronto Regional Real Estate Board (TRREB). This represented a 21.7% drop from the 8,960 sales reported in May 2023. The drop in sales was seesawed with a rise in new...
Vancouver Home Sales Slump Despite Spike in Inventory

Vancouver Home Sales Slump Despite Spike in Inventory

by Phil Hall | Jun 5, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Residential sales in the Vancouver metro market totaled 2,733 in May, a 19.9% decline from the 3,411 sales recorded one year earlier. According to data from Greater Vancouver Realtors, last month’s sales total was also 19.6% below the 10-year seasonal average for May...
Maine Home Sales Up 17.5%

Maine Home Sales Up 17.5%

by Phil Hall | May 29, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Maine homebuyers took advantage of a rise in listings, driving up home sales despite elevated prices. According to new data from the Maine Association of Realtors, a total of 933 single-family homes were sold last month, up 17.5% from the 794 sold in April 2023. The...
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