June is typically the biggest month for home sales, according to the latest RE/MAX National Housing Report, with month-over-month sales rising 5.4% from May. Meanwhile, the average close-to-list price ratio was 100%, meaning homes sold for their average asking price.
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April Home Sales Decline Instead of Ramp-Up
During a period of the year where home sales traditionally increase moving into the peak summer season, April sales declined more than 7%.
Read More »U.S. Median Sales Price Experiences Modest Increase
According to the RE/MAX National Housing Report for February 2023, the median sales price experienced a slight rise over January, ending a seven-month streak of price declines.
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