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RE/MAX: Housing Inventory Up for 7th Straight Month

RE/MAX: Housing Inventory Up for 7th Straight Month

by Phil Hall | Oct 15, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of homes for sale climbed for the seventh consecutive month, according to the latest national housing report from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). The new data from the 52 metro areas surveyed by RE/MAX found housing inventory...
Homes Sales Up While Inventory Shrinks in New York State

Homes Sales Up While Inventory Shrinks in New York State

by Phil Hall | Sep 19, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices in New York continued to rise while the state’s housing inventory declined again, according to data from the New York State Association of Realtors. The median sales price of homes in New York rose from $410,000 in August 2023 to $444,713 last month. This...
New Listing Activity Percolates Across Mid-Atlantic Region

New Listing Activity Percolates Across Mid-Atlantic Region

by Phil Hall | Aug 12, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New listing activity in the Mid-Atlantic region is up 5.5% year-to-date, with active listings at the end of July up 24.7% year-over-year, according to new data from Bright MLS. The median sold price in the Bright MLS service area in July was $420,000, up 5%...
Sales Up, Prices Down Slight in Toronto’s Housing Market

Sales Up, Prices Down Slight in Toronto’s Housing Market

by Phil Hall | Aug 6, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A glut of new listings helped boost home sales in July while prices were slightly lower, according to new data from the Toronto Regional Real Estate Board (TRREB). A total of 5,391 home sales were transacted through TRREB’s MLS System last month, up by 3.3% from the...
Housing Inventory Reaches Post-Pandemic High

Housing Inventory Reaches Post-Pandemic High

by Phil Hall | Aug 1, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The volume of homes that were actively listed for sale in July was up 36.6% year-over-year, according to new data from Realtor.com. July’s inventory level is a post-pandemic high, while the share of listings with price cuts totaled 18.9%, the highest rate since...
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