HW Media connects and informs decision makers across the housing economy. Professionals rely on HW Media for breaking news, reporting, and industry data and rankings. Moving the Housing Market Forward.
Real Estate

RE/MAX finishes the summer strong

RE/MAX closed the 2013 summer selling season strong, with home sales and prices drastically higher when compared to year ago levels.

In addition, August marked the nineteenth month in a row in which both metrics were higher when compared to the previous month and year ago levels.

August home sales were up 6.5%, while the median price of $188,450 was 12.9% higher than August 2012 levels.

Furthermore, the rate of inventory decline from last year was 17.4%, less than the 20.7% decline observed in July. 

Most Popular Articles

Latest Articles

CoreVest finalizes $313M securitization HW+

Redwood Trust’s CoreVest division has closed a $313 million private-label offering backed by 82 loans that are in turn collateralized by some 1,800 properties located in 24 states and the District of Columbia.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please