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0 0 0 0.00944669365722001 0.00944669365722001 0.00674763832658567 -0.00134952766531711 -0.00269905533063422
Stock impact report

RE/MAX NATIONAL HOUSING REPORT FOR FEBRUARY 2024 [Yahoo! Finance]

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: Yahoo! Finance
DENVER March 19, 2024 /PRNewswire/ -- With the annual spring homebuying season coming quickly, home sales ramped up in February and spiked 17.0% from January, with a 2.3% increase from February 2023 . Of those sales, buyers paid more. The median home price of rose 2.1% from January – and 7.0% year over year. The increase from February 2023 reflected that buyers on average were willing to pay 99% of the listing price. In a third of the markets of the 50 metros areas surveyed, buyers on average paid 98% or less, while in a quarter of the markets the average buyer paid 100% or more. At the current median sales price, 1% is equivalent to approximately Meanwhile, inventory held relatively steady and dropped just 0.6% from January. Months supply of inventory (1.9) declined slightly from January's 2.1, but was up from last February's 1.6, and the number of homes for sale was 10.8% higher than a year ago. In another indicator of increased demand, homes took an average of 44 days to sel Show less Read more
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