June 2026

U.S. existing-home sales rose 3.2% month-over-month and year-over-year to a
seasonally adjusted annual rate of 4.17 million units, the National Association of
REALTORS® (NAR) reported, marking the highest level since December 2025.
Regionally, sales increased from the previous month in the Northeast, Midwest, and
South, while remaining flat in the West. On a year-over-year basis, sales grew in the
Midwest, South, and West but declined in the Northeast.

New Listings were up 10.4 percent to 1,824. Pending Sales increased 5.7 percent to
1,354. Inventory grew 32.1 percent to 3,896 units.

Median Sales Price was up 0.1 percent to $290,188. Days on Market increased 6.8
percent to 47 days. Months Supply of Inventory was up 26.9 percent to 3.3 months.

Nationally, there were 1.55 million homes available for sale heading into June, a
3.3% increase from the previous month and 0.6% higher than one year earlier,
representing a 4.5-month supply at the current sales pace, according to NAR. Home
prices also rose, with the median existing-home price climbing to $429,300
nationwide, an all-time high for the month and 1.3% higher than a year earlier.

Information courtesy of CMLS*