After Years of Waiting, Buyers Are Getting Their Summer: Realtor.com® June Housing Report

Realtor.com data shows June asking prices fell 2.5% year over year, the steepest annual decline since 2017. Despite softer pricing, pending sales are reportedly in a seven-month growth streak, suggesting demand is not collapsing outright. Net takeaway: cooling home prices with still-supportive transaction momentum, likely keeping housing-related sentiment cautious.

Analysis

Realtor.com data shows June asking prices fell 2.5% year over year, the steepest annual decline since 2017. Despite softer pricing, pending sales are reportedly in a seven-month growth streak, suggesting demand is not collapsing outright. Net takeaway: cooling home prices with still-supportive transaction momentum, likely keeping housing-related sentiment cautious.