Home sales in the 51 metro areas surveyed by REMAX rose 7.9% month over month and slid 0.5% year over year. 

The increase was driven by refinancing activity as purchase applications dipped. 

May brought a flurry of activity to the Houston market as new-home sales surged to 2,169, up from 1,958 the month prior, according to the latest data from HomesUSA.com.

The Houston rental market was strong in May as prices remained stable and inventory grew.

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Realtors helped sellers add 4,209 properties to the MLS during the week ending June 15, up from 4,098 during the same week in 2025.

Existing-home sales and the median home price are forecast to rise 4% this year, according to the National Association of REALTORS® Chief Economist Lawrence Yun. 

Starter homes now cost $1 million or more in a record 242 cities, up from just 80 in 2020, according to a Zillow analysis.

The 3.8% month-over-month gain was almost four times what industry observers were expecting. 

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May’s priciest Houston-area home sale was a $10.5 million estate built just last year.

Both closed and pending home sales declined in Houston during the week ended June 8, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.

Inventory rose 3.3% month over month and 0.6% year over year to 1.55 million homes, which equals a 4.5-month supply of unsold inventory, NAR said. 

New, pending and closed listings all declined in Houston during the week ending June 1, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.

Nationwide, it takes six years to break even on homeownership, down from an all-time high of 8.4 years in 2023.

Amid what Realtor.com called the most active spring in years, the housing market is finding a new equilibrium.