RE/MAX NATIONAL HOUSING REPORT FOR MAY 2024
MAXMediaAlpha(MAX) Prnewswire·2024-06-14 04:11

Inventory Jumped 40%, Home Prices Increased 5%, Sales Exceed 2023 PaceDENVER, June 13, 2024 /PRNewswire/ -- In May, both inventory and new listings grew to levels not seen since the second half of 2022.  The number of homes for sale, as surveyed across 53 metro areas, also increased, rising 8.7% over April and 39.6% year over year. And for the third consecutive month, the number of new listings exceeded 2023 levels by double-digit percentages – 15.1% in May, 18.2% in April, and 17.6% in March.Fueled by the ...