In May, outside temperatures began to rise, along with activity in the housing market ahead of summer. Many people made a late springtime move, exemplified by an 8.6% increase of home sales from April to May across the U.S.
This is according to the latest REMAX National Housing Report, a comprehensive monthly analysis of the latest homebuying and selling trends. The May 2025 report was comprised of aggregated data from 52 metro areas.
This latest report noted increasing levels of housing inventory nationwide – a continuation of a trend over recent months. The total number of homes for sale in May was 8.3% higher than April, and 34.8% higher than one year ago in May 2024. For a whopping 17 months in a row now, inventory has grown annually.
A driver of the increased inventory is the many new listings hitting the market. In May, there was a 4.4% increase of new listings over the month prior and a 7.9% increase in new listings year over year. In another impressive streak, May marks the 15th month in a row where the number of new listings has grown annually.
“Rising sales, growing inventory, declines in days on market and steady prices are all encouraging signs for the housing industry,” says Erik Carlson, CEO of RE/MAX Holdings, Inc. “It’s great to see the spring market end on a solid note, and we’re optimistic that this momentum could carry into an active summer season.”
