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Stock impact report

Median Sales Price Reaches Nine-Year High, While Sales Decline

RE/MAX Holdings, Inc. Class A (RMAX) 
Last re/max holdings, inc. class a earnings: 2/20 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.remax.com
Company Research Source: PR Newswire
DENVER, July 19, 2018 /PRNewswire/ -- Halfway through 2018, prices are at record highs, inventory is at record lows and home sales are trailing 2017's pace, according to the RE/MAX National Housing Report. To access the housing report infographic, visit: https://rem.ax/2phKHWT.      June sales were 5.5% lower than June 2017 in the 54 metro areas surveyed, marking the seventh consecutive month of year-over-year declines. Headed in the opposite direction, the June Median Sales Price of $258,500 was an all-time high in the nine-year history of the report. It was 5.1% higher than the $245,000 recorded last June, bringing the consecutive months of year-over-year price increases to 27. In each of the previous five years – going back to June 2013's $193,750 – June has posted the highest Median Sales Price of the year."Year-over-year prices have been climbing for more than two years now, which is great news for homeowners and sellers," said RE/MAX CEO Adam Contos. "In Show less Read more
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