RE/MAX Reports April 2026 Housing Market Shift Toward Balance

Event summary

  • New listings increased 10.5% month-over-month in April 2026, outpacing home sales growth of 7.6%, creating more inventory.
  • Median home price rose 1.5% year-over-year to $445,000, marking 34 consecutive months of price appreciation.
  • Days on market averaged 45 days, up 4 days year-over-year but down 5 days from March 2026.
  • Months' supply of inventory remained at 2.3 months, identical to March but down from 2.4 months in April 2025.

The big picture

RE/MAX's April 2026 report highlights a continuing shift toward a more balanced housing market, with inventory growth outpacing sales. This trend suggests buyers may have more choices, potentially stabilizing prices after a prolonged period of appreciation. The data reflects broader industry dynamics where seasonal factors and regional variability play significant roles in market behavior. With over 145,000 agents globally, RE/MAX's insights provide a critical pulse on residential real estate trends.

What we're watching

Market Balance
Whether the current shift toward a more balanced housing market will continue or if seasonal factors played a significant role in April's data.
Regional Variability
How regional differences in inventory and price trends will evolve, particularly in markets like Baltimore where new listings declined sharply year-over-year.
Price Stability
The pace at which median home prices will continue to appreciate given the increasing inventory and potential impact on buyer behavior.