Trends
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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.
Paint color has the power to enhance value — or tank it.
However, pending sales fell on a monthly and annual basis.
The developer is now working on phase two of the Gwinnett County project.
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.
Amid what Realtor.com called the most active spring in years, the housing market is finding a new equilibrium.
Looking ahead, Cotality expects home prices to rise 5.3% between April 2026 and April 2027.
The median sales price of new homes sold in April rose 8% to $422,500 from $391,100 in March, the U.S. Census Bureau and the Department of Housing and Urban Development reported.
