By the Numbers
The month-over-month bump in contract signings was still below the pace of last August.
Since the Hispanic Wealth Project’s founding in 2014, Hispanic household wealth has more than tripled across the U.S.
In Denver, buyers who wait until the last week of September to buy stand to see 30.4% more active listings.
At the same time, the median-sales price rose again, as months’ supply of homes for sale hit a 10-year high.
The increase in purchase activity offset a decrease in refinancings.
The pace of home-price growth rose nationally but with significant regional differences.
Active buyers are looking for more expensive homes, while price-constrained buyers are looking at fewer homes altogether.
Of the 50 metro areas surveyed by NAR, several stood out for year-over-year gains in contract signings.
Looking ahead, Cotality expects the median price of a home to increase 1.5% through June 2027.
Nationally, home-price growth topped 1% for the first time in 2026.
The seasonally adjusted annual rate of 628,000 homes topped Wall Street’s estimates.
The triennial survey of 2,000 American residents from the 50 largest metropolitan areas, the National Association of REALTORS® Community and Transportation Preference Survey, found buyers and residents prefer more housing options and communities designed for easy access.
The annual and monthly declines of 0.3% and 5.4%, respectively, do not fully capture the geographic variability of market performance.
The median sales price of a home hit an all-time high of $440,600.
Looking ahead, Cotality expects home prices to rise 4.8% between May 2026 and May 2027.
The uptick was driven by a slight dip in mortgage rates.
