Nationally, home-price growth topped 1% for the first time in 2026.

The seasonally adjusted annual rate of 628,000 homes topped Wall Street’s estimates. 

The triennial survey of 2,000 American residents from the 50 largest metropolitan areas, the National Association of REALTORS® Community and Transportation Preference Survey, found buyers and residents prefer more housing options and communities designed for easy access.

While closings continued apace, pending home sales fell significantly in June, portending a slower late summer and early fall, the MLS said. 

Nationally, home sales in the 51 metro areas surveyed by REMAX showed measured growth of 8.9% month over month and 7.8% year over year, REMAX said. 

The annual and monthly declines of 0.3% and 5.4%, respectively, do not fully capture the geographic variability of market performance. 

The median sales price of a home hit an all-time high of $440,600. 

Looking ahead, Cotality expects home prices to rise 4.8% between May 2026 and May 2027. 

Nationally, the median list price slipped 2.4%, marking the eighth month in a row of declines. 

The uptick was driven by a slight dip in mortgage rates. 

S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the 11th month in a row. 

With demand driving prices skyward, researchers decided to compare FIFA World Cup ticket costs to another expensive commodity — housing.

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. 

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

However, pending sales fell on a monthly and annual basis.