Category: Market Moves

Buyers who locked in mortgage rates before the latest climb drove existing-home sales up 3.2% in May 2026, pushing the pace to a seasonally adjusted annual rate of 4.17 million units. The national median price held at $429,300, a figure that rose only modestly from $423,700 a year earlier. The combination of stronger transaction volume…

Buyers who had been sitting on the sidelines through much of early 2026 stepped back into the housing market in May, pushing pending home sales up 3.8 percent for the month. The gain, the strongest monthly increase this year, arrived even as mortgage rates stayed elevated and home prices continued to climb. That combination of…

American homebuyers paid a record-setting median price of $429,300 for an existing home in May, even as sales volume climbed 3.2 percent from the prior month. The National Association of Realtors reported the figures on June 9, marking the fastest sales pace of the year so far. The combination of rising prices and higher borrowing…

Home sellers across the South and West are slashing prices at rates not seen in over a decade, driven by a growing mismatch between rising inventory and cautious buyers. Nearly one in five new-construction homes carried a price reduction in late 2025, and by February 2026, a record 34 percent of all sellers nationwide had…

First-time homebuyers grabbed their largest share of the housing market in at least a year during May, accounting for 35 percent of existing-home sales as available inventory climbed to 1.55 million units and the frantic bidding wars of recent years continued to fade. The data, released by the National Association of Realtors on June 9,…

Home buyers across the United States are gaining ground this spring as the number of properties available for sale climbs sharply compared with a year ago. Active listings have jumped 23% year over year, according to Realtor.com data, while homes are taking longer to sell in many metro areas. The shift is giving buyers room…

Buyers showed new signs of life in the housing market as existing-home sales climbed 3.2 percent in May to a seasonally adjusted annual rate of 4,170,000, the fastest monthly pace since December. The National Association of Realtors released the data on June 9, confirming that rising inventory is starting to pull sidelined buyers back into…

Homebuyers gained a small but measurable edge in May as existing-home sales climbed 3.2 percent to a seasonally adjusted annual rate of 4.17 million, the fastest monthly pace since December. The National Association of Realtors reported the gain on June 9, 2026, crediting a rise in new listings for pulling some sidelined buyers back into…

Homebuyers paid a record-setting median price of $429,300 for an existing home in May, the highest figure for any May since the National Association of Realtors began tracking the data in 1999. Existing-home sales climbed 3.2 percent from April, reaching the fastest monthly pace of 2026 even as mortgage rates hovered near 6.85 percent. The…

American homebuyers closed on existing homes at the fastest pace in five months during May, with sales climbing 3.2 percent from April to a seasonally adjusted annual rate of 4.17 million units. The gain, reported by the National Association of Realtors on June 9, beat economist expectations compiled by FactSet and marked the strongest single-month…