For the second straight month both the REALTOR(R) Market Index (RMI) and the REALTOR(R) Price Index (RPI) hit all-time highs (both went over the 60-point mark). Here are the highlights:

• Both the RMI and the RPI were up compared to the same time last year and compared to April 2012.
• This is the 10th straight month the RMI was up over the same time last year
• The RMI and the RPI hit their highest marks since the data has been tracked.
• May was the fourth straight month that the RPI was over the 50-point mark.

Hot Topic:

This month’s “Hot Topic” question asked REALTOR(R) members about their clients’ ability to secure financing in the current lending environment.

Click here to read the full release: May 2012 Realtor(R) Market Index and Realtor(R) Price Index

Data points:

• REALTOR® Market Index in May was 60.38 (all-time high). Up 115% from the same time last year
• REALTOR® Market Index in May was up 7% from April 2012
• REALTOR® Price Index in May was 62.38 (all-time high).  Up 60% from the same time last year
• REALTOR® Price Index in May was up 4% from April 2012