06/10/2026
The latest NAR Existing-Home Sales Report Shows 3.2% Increase in May is encouraging news for the housing market and provides some great talking points for your clients and social media.
Key Takeaways from the May 2026 NAR Report:
🏡 Existing-home sales increased 3.2% from April
* Sales rose to a seasonally adjusted annual rate of 4.17 million homes.
* This marks the strongest pace of sales since December 2025.
📈 Home prices continue to climb
* The national median existing-home price reached $429,300.
* Prices were up 1.3% compared to May 2025, setting a record high for the month of May.
🏘️ Inventory is improving
* Housing inventory increased to 1.55 million homes available for sale.
* That’s 3.3% higher than April and 0.6% higher than a year ago.
🔑 First-time buyers are returning
* First-time buyers accounted for 35% of purchases, the highest share since June 2020.
💰 Luxury market remains strong
* Homes priced over $1 million saw sales increase by 11.2%, showing affluent buyers remain active.
What This Means for Your North Shore Clients:
* Sellers: Buyer activity is picking up, especially for well-priced homes. Proper preparation and strategic pricing remain critical.
* Buyers: Inventory is slowly improving, creating more choices, but desirable homes are still attracting strong interest.
* Overall: Despite mortgage rates remaining elevated around the mid-6% range, the market is demonstrating resilience with more consumers moving forward with their plans.
Social Media Post Idea
📊 Housing Market Update: Existing-home sales rose 3.2% in May, reaching the strongest pace we’ve seen since December! Inventory continues to improve, and first-time buyers are making up a larger share of the market.
What does this mean locally? Well-priced homes are still attracting strong interest, while buyers are seeing slightly more options become available.
Whether you’re thinking about buying, selling, or just curious about what these trends mean for your home’s value, I’m always happy to help.
📱 Sean Fahey | Realty ONE Group Nest
978-992-1636
[email protected]
seanfahey.myrealtyonegroup.com
:
This national data aligns with what you’ve been seeing locally: properly priced homes in desirable North Shore communities continue to perform well, even as buyers benefit from gradually improving inventory conditions.
https://www.nar.realtor/newsroom/nar-existing-home-sales-report-shows-3-2-increase-in-may?distinct_id=otRE0gZAM&user_email=seanrealtor224%40gmail.com
First-time buyers rose to 35% of all buyers — the highest share since June 2020 — driven by modest inventory improvements. Market outlook cooled for both buyers and sellers, with 25% of homes still selling above list price. Inspection contingency waivers dropped to 17%, down from 25% a year ago....
