Home Sales Pick Up in June as Inventory Growth Stays Measured
Rhea-AI Summary
REMAX (NYSE:RMAX) reported in its June 2026 National Housing Report that U.S. home sales rose 8.9% from May and 7.8% year over year across 47 metro areas. Active inventory increased 5.0% month over month and 2.5% year over year, while new listings fell 1.9% from May but were 2.4% higher than June 2025.
The median sales price reached $460,000, up 2.4% vs. May and 2.2% vs. a year earlier, with buyers paying on average 99% of asking price. Months’ supply was 2.7, up from 2.5 in May and unchanged from June 2025. Average days on market edged up to 43. Markets such as Detroit, Miami and Anchorage led year-over-year sales gains, while Coeur d'Alene and Bozeman posted the largest median price increases.
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News Market Reaction – RMAX
In the Jul 16 session, RMAX declined 0.95%, reflecting a mild negative market reaction. Argus tracked a peak move of +4.7% during that session. Our momentum scanner triggered 13 alerts that day, indicating notable trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 17 | May housing report | Neutral | -0.5% | Reported mixed May 2026 U.S. housing trends with modest price and inventory gains. |
| Jun 16 | New program launch | Positive | +2.8% | Launched REMAX Golf Lifestyles program to target golf community buyers and sellers. |
| May 19 | April housing report | Neutral | +1.8% | April 2026 report showed rising listings and sales nudging market toward balance. |
| May 08 | Q1 2026 earnings | Negative | -6.2% | Weak Q1 2026 results with revenue decline and GAAP net loss, alongside merger terms. |
| Apr 27 | Merger agreement | Positive | +24.4% | Real agreed to acquire REMAX at an implied $880M enterprise value with synergy targets. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent RMAX headlines, including the announced acquisition and housing reports, have typically seen the stock move in the same direction as the apparent tone of the news.
Key Terms
median sales price financial
close-to-list price ratio financial
days on market financial
months' supply of inventory financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
The June REMAX National Housing Report shows stronger sales activity, modest inventory gains and steady market movement
The June report suggests that buyers and sellers were both active as summer got underway. Median sales price was
"June's housing data points to a market with stronger momentum but not a broad supply reset," said Chris Lim, REMAX President and Chief Growth Officer. "Sales picked up, inventory continued to expand and prices remained steady year over year. For consumers, that means local conditions still matter. In a market like this, timing, pricing and strategy can vary significantly from one area to the next, and that's where guidance from a real estate professional can make a meaningful difference."
Additional market indicators include:
- Average days on market was 43 days, one day longer than May and two days longer than June 2025.
- Median listing price of new listings was
$465,000 , down2.1% from May and flat year over year.
Highlights and local market results for June include:
New Listings
In the 47 metro areas surveyed in June 2026, the number of newly listed homes was down an average of
New Listings: | |||
Market | Jun 2026 | Jun 2025 | Year-over-Year |
836 | 667 | +25.3 % | |
1,506 | 1,296 | +16.2 % | |
644 | 566 | +13.8 % | |
3,437 | 3,021 | +13.8 % | |
7,323 | 6,460 | +13.4 % | |
New Listings: | |||
Market | Jun 2026 | Jun 2025 | Year-over-Year |
246 | 329 | -25.2 % | |
1,563 | 1,799 | -13.1 % | |
8,167 | 9,373 | -12.9 % | |
3,828 | 4,254 | -10.0 % | |
3,436 | 3,762 | -8.7 % | |
Closed Transactions
Of the 47 metro areas surveyed in June 2026, the overall number of home sales was up an average of
Closed Transactions: | |||
Market | Jun 2026 | Jun 2025 | Year-over-Year |
5,011 | 3,973 | +26.1 % | |
7,055 | 5,616 | +25.6 % | |
581 | 485 | +19.8 % | |
1,572 | 1,317 | +19.4 % | |
3,085 | 2,630 | +17.3 % | |
Closed Transactions: | |||
Market | Jun 2026 | Jun 2025 | Year-over-Year |
1,359 | 1,391 | -2.3 % | |
4,450 | 4,461 | -0.2 % | |
8,342 | 8,317 | +0.3 % | |
212 | 211 | +0.5 % | |
7,361 | 7,279 | +1.1 % | |
Median Sales Price – Median of 47 metro area prices
In June 2026, the median of all 47 metro area sales prices was
Median Sales Price: | |||
Market | Jun 2026 | Jun 2025 | Year-over-Year |
+13.2 % | |||
+7.6 % | |||
+6.6 % | |||
+6.4 % | |||
+6.1 % | |||
Median Sales Price: | |||
Market | Jun 2026 | Jun 2025 | Year-over-Year |
-5.5 % | |||
-3.1 % | |||
-1.9 % | |||
-1.4 % | |||
-1.1 % | |||
Close-to-List Price Ratio – Average of 47 metro area prices
In June 2026, the average close-to-list price ratio of all 47 metro areas in the report was
Close-to-List Price Ratio: | |||
Market | Jun 2026 | Jun 2025 | Year-over-Year |
106.7 % | 102.4 % | +4.3 pp | |
105.6 % | 105.3 % | +0.3 pp | |
102.4 % | 101.9 % | +0.5 pp | |
101.4 % | 101.2 % | +0.2 pp | |
101.4 % | 101.5 % | -0.1 pp | |
*Difference displayed as change in percentage points | |||
Close-to-List Price Ratio: | |||
Market | Jun 2026 | Jun 2025 | Year-over-Year |
94.0 % | 93.7 % | +0.3 pp | |
96.7 % | 98.0 % | -1.2 pp | |
97.2 % | 96.6 % | +0.5 pp | |
97.3 % | 97.1 % | +0.2 pp | |
97.3 % | 97.0 % | +0.3 pp | |
*Difference displayed as change in percentage points | |||
Days on Market – Average of 47 metro areas
The average days on market for homes sold in June 2026 was 43 up one day compared to May 2026 (42 days) and up two days compared to the average in June 2025 (41 days). Days on market is the number of days between when a home is first listed in an MLS and a sales contract is signed. The metro areas with the highest and lowest days on market averages were:
Days on Market: | |||
Market | Jun 2026 | Jun 2025 | Year-over-Year |
86 | 79 | +8.5 % | |
77 | 76 | +0.5 % | |
74 | 70 | +5.6 % | |
66 | 63 | +4.4 % | |
66 | 65 | +0.1 % | |
Days on Market: | |||
Market | Jun 2026 | Jun 2025 | Year-over-Year |
15 | 18 | -18.0 % | |
21 | 26 | -19.9 % | |
23 | 29 | -21.0 % | |
24 | 26 | -9.3 % | |
24 | 26 | -6.9 % | |
Months' Supply of Inventory – Average of 47 metro areas
The number of homes for sale in June 2026 was up
Months' Supply of Inventory: | |||
Market | Jun 2026 | Jun 2025 | Year-over-Year |
6.2 | 7.4 | -16.0 % | |
5.5 | 5.4 | +2.8 % | |
4.6 | 4.6 | +0.7 % | |
4.2 | 5.8 | -27.4 % | |
4.0 | 4.2 | -5.2 % | |
Months' Supply of Inventory: | |||
Market | Jun 2026 | Jun 2025 | Year-over-Year |
1.2 | 1.4 | -17.3 % | |
1.3 | 1.2 | +5.3 % | |
1.4 | 1.4 | -0.9 % | |
1.4 | 1.0 | +43.1 % | |
1.4 | 1.8 | -19.1 % | |
About the REMAX Network
As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 145,000 agents in nearly 8,500 offices and a presence in more than 120 countries and territories. Nobody in the world sells more real estate than REMAX, as measured by residential transaction sides. REMAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. REMAX agents have lived, worked and served in their local communities for decades, raising millions of dollars every year for Children's Miracle Network Hospitals® and other charities. To learn more about REMAX, to search home listings or find an agent in your community, please visit www.remax.com. For the latest news about REMAX, please visit news.remax.com.
Report Details
The REMAX National Housing Report (NHR) is distributed mid-month. The Report is based on MLS data for the stated month in 47 metropolitan areas, includes single-family residential property types, and is not annualized. For maximum representation, most of the largest metro areas in the country are represented, and an attempt is made to include at least one metro area in almost every state. Metro areas are defined by the Core Based Statistical Areas (CBSAs) established by the U.S. Office of Management and Budget. Common differences between the NHR and other sources are typically due to a difference in the definition of the market area, annualization, and/or a difference in metric definition or aggregation calculation.
Definitions
Closed Transactions are the total number of closed residential transactions during the given month. Months' Supply of Inventory is the total number of residential properties listed for sale at the end of the month (current inventory) divided by the number of sales contracts signed (pending listings) during the month. Where "pending" data is unavailable, an inferred pending status is calculated using closed transactions. Days on Market is the average number of days that pass from the time a property is listed until the property goes under contract. Median Sales Price for a metro area is the median sales price for closed transactions in that metro area. The nationwide Median Sales Price is calculated at the nationwide aggregate level using all sale prices from the included metro areas. The Close-to-List Price Ratio is the average value of the sales price divided by the list price for each closed transaction.
MLS data is provided by Constellation. While MLS data is believed to be reliable, it cannot be guaranteed. MLS data is constantly being updated, making any analysis a snapshot at a particular time. Every month, the previous period's data is updated to ensure accuracy over time. Raw data remains the intellectual property of each local MLS organization.
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SOURCE RE/MAX, LLC