Current Market Data
That increase was accompanied by a year-over-year inventory boost as new SFR listings jumped 17.1%.
The pace of home-price appreciation slowed to its most modest pace since 2023, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index.
The median-sales price for an existing home rose 1.3% year over year to $422,800.
Nationally, home sales slid 3.5% year over year but rose 8.6% month over month, RE/MAX said.
Buyers were willing to pay $1,597 more for a home with an olive-green kitchen, and navy-blue bedrooms boosted a home’s value by $1,815.
Homebuilder sentiment recently reached its third-lowest level since 2012.
Active listings jumped 35% annually, with 37,455 homes on the market — the highest volume since September 2007.
Houston agents responsible for multiple transaction sides in the top 10 include Mike Mahlstedt and Laura Sweeney of Compass.
Buyers closed on 1,749 properties during the week, up from 1,630 closings during the same week in 2024. That was the seventh straight week of year-over-year increases, HAR said.
The Mortgage Bankers Association said the post-Memorial Day increase came despite economic uncertainty and largely static interest rates.
T3 Sixty said the difference between real estate agents who subscribe to MLSs but are not Realtors and Realtor-subscribers hit 25%, the highest on record.
Realtors added 4,119 properties to the MLS, up from 3,510 new listings during the same week in 2024.
The Northeast and Midwest remained strong, while Florida, which saw a major runup in prices in recent years, continued to cool.
That’s good news for buyers, who have considerably more options than their counterparts in tighter markets on the East Coast.
The top four most expensive homes listed in Texas last month are located in the Dallas-Fort Worth Metroplex.
New listings increased 16.3% in Houston during the week ended May 26, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®. Realtors added 3,766 properties to the MLS during the week. That was actually down from
