May 2026 brought 4.17 million in sales, a median sales price of $429,300, and 4.5 months of inventory. The median sales price is up 1.3% year-over-year, and inventory was down 0.1 months from May 2025. #NAREHS
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First-time buyers were responsible for 35% of sales in May; Individual investors purchased 14% of homes; All-cash sales accounted for 25% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 29 days. #NAREHS
Existing-home sales increased by 3.2% month-over-month and year-over-year in May. Month-over-month sales increased in the Northeast, Midwest and South, and were unchanged in the West. #NAREHS
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“Increased home sales mean more economic activity — lawn care, furniture purchases, moving services, mortgage originations and other related business activities all get a boost,” Yun added. #NAREHS
Understanding where trade matters most can help REALTORS® better anticipate global demand. States in the Midwest and South drive U.S. international trade: LA exports near one‑third of GDP, while IN and KY rely heavily on both imports and exports tied to key industries.
Retail real estate saw 4.4M SF absorbed in April 2026 with 2% rent growth. Vacancy held tight at 4.4%, general retail hit 2.7% vacancy, and Dallas-Fort Worth led with over 2M SF absorbed.
More commercial sector insights: https://t.co/nIBQ9k30vF
International migration, trade and investment are reshaping who buys property and where capital flows across every state. Use this data to inform strategy for primary residence, vacation home, investment rental, or commercial real estate endeavors. https://t.co/q1vWhr4DCu
Industrial real estate continued normalizing in April 2026 as absorption jumped 30% to 122.7M SF, while deliveries doubled leasing. Vacancy reached 7.6% and Dallas led with 29.9M SF absorbed.
Find more insights and how your market compares: https://t.co/nIBQ9k30vF
Instant Reaction: Jobs, June 5, 2026
"The labor market is strengthening, with 172,000 net new jobs in May. Moreover, the upward revisions to prior months’ data show cumulative job gains of 565,000 over a 3-month period, among the strongest in recent years."
Gen Z is reshaping homeownership: just 4% of buyers, yet 53% purchase solo and 35% are single women. They’re buying earlier and independently, driven by ownership goals.
For REALTORS®, this shift signals a growing need to serve younger, first-time, solo buyers.