RE/MAX Holdings Reports Housing Market Resilience with Sales Growth and Increased Inventory
- RE/MAX Holdings reports a 1.3% increase in home sales for June, marking five consecutive months of growth.
- Median sales price for RE/MAX listings in June reaches $440,000, reflecting a 2.8% increase from May.
- Chicago leads sales growth for RE/MAX with a 12.9% increase, while inventory supply rises to 2.7 months.
Housing Market Resilience: A Positive Trend for RE/MAX Holdings
In June 2025, RE/MAX Holdings, Inc. reports a notable uptick in the housing market, with home sales rising for the fifth consecutive month across 50 metropolitan areas surveyed. This month, sales experience a 1.3% increase from May and a significant 5.7% year-over-year growth. Such positive trends indicate a robust recovery in the housing sector, showcasing the market's resilience. The increase in sales is accompanied by a notable rise in inventory, with homes for sale climbing by 3.9% month-over-month and a striking 30.1% compared to June 2024. This data suggests that prospective buyers are finding more options available, which could lead to a more balanced market dynamic.
The median sales price reaches $440,000 in June, reflecting a 2.8% increase from May and a 2.1% rise compared to the previous year. Despite a significant 12.8% decrease in new listings from May—the largest monthly drop since December—the overall number of new listings remains 1.4% higher than in June 2024. This paradoxical scenario presents a unique market environment where buyers face fewer new options, yet the existing inventory is growing, indicating strong ongoing demand. CEO Erik Carlson emphasizes that the current market conditions allow buyers to explore various choices while sellers are met with considerable interest.
Chicago emerges as a standout in June, leading the growth in sales with a remarkable 12.9% increase from the previous year. Buyers in this market are paying an average of 99% of the asking price, mirroring May's figures but slightly down from the perfect match of 100% recorded in June 2024. The months' supply of inventory rises to 2.7 months, up from 2.5 in May and higher than the 2.1 months from the previous year. This increase in supply signals a shift towards a more favorable environment for buyers, where competitive pricing and availability of homes can stimulate further activity in the housing sector.
The data also reveals regional disparities in new listings, with Fayetteville, AR, Las Vegas, NV, and Manchester, NH seeing the most significant year-over-year increases. Conversely, Trenton, NJ, and Philadelphia, PA, experience the largest declines in new listings. This regional variation suggests that while the overall market is thriving, certain areas may present unique challenges and opportunities for RE/MAX and its agents. The current landscape encourages a proactive approach from both buyers and sellers, reflecting the evolving dynamics of the housing market amidst rising prices and changing inventory levels.